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Introduction
Important news makers (1986 Union Carbide, Nuclear bomb detonation,withdrawl of life support system, cable network system) Global Warming Pollution Nuclear weapons GM foods Automation Internet
3.Economic Strength
Industrialization has led to increase in productivity and improved standards of living Industrial and technology based corporations are reported to have more revenues than nontechnology corporations High technology goods are a major source of income for technologically advanced countries Technology is a major ecnomic competitive factor
4. Military Power
WWII outcomes largely determined by science and technology superiority of US and Allies More than 50% of budget spent on military technology and R & D Countries possessing superior military technology are also politically more powerful