We are living in a world driven by technology. The advancement of technology has played an important role in the development of human civilization. Technology provides innovative ways of doing work through various smart means. The electronic appliances, gadgets, faster modes of transport have added to the comfort factor in our lives. It has helped in improving the productivity of an individual. Technology has brought a revolution in many operational fields. It has undoubtedly made a very important contribution to the progress that mankind has made over the years.
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Technology has reduced the effort and time and increased the efficiency of the production requirement in every field. It has made our life easy, comfortable, healthy, and enjoyable. It has brought a revolution in transport and communication. The advancement of technology along with science has helped us to become self-reliant in all spheres of life.
Technology has changed our day-to-day life. Those days have gone when only the rich could afford the luxuries. Due to the growth of globalization and liberalization, all the luxuries are within the reach of a common man. Today, an average middle-class family can afford a television, washing machine, refrigerator, computer, Internet, etc. At the touch of a switch, a man can witness any event that is happening in far-off places.
Technology has not only improved the quality of life but also brought about revolutions in various fields. Let us learn about it.
With the advent of technology in communication which includes telephone, fax machine, cellular phone, Internet, multimedia, email, communication has become much faster and easier. It has transformed and influenced relationships in many ways. We no longer need to rely on sending physical letters and wait for several days for a response. Technology has made communication so simple that you can connect with anyone from anywhere by calling via mobile phone or messaging them.
Today the Internet is used for shopping, paying utility bills, credit card bills, admission fees, E-commerce, online banking facility. In the world of marketing and sales, companies are marketing and selling their products and creating brands over the internet.
In the field of travel, cities, towns, states, and countries are using the web to post detailed tourist and event information. Travelers can easily find information on weather, maps, timings for events, and transportation schedules and buy tickets to various tourists’ spots.
Technology has increased the efficiency and flexibility in the workspace. Technology has made it easy to work remotely which has increased the productivity of the employees. External and internal communication has become faster through emails and apps. Automation has saved time and there is also a redundancy in tasks.
Technology has wiped out the manual way of storing files. Now files are stored in the cloud, which can be accessed any time, and from anywhere. With technology, companies can make quick decisions, act faster towards any solutions, and remain adaptable. Technology has optimized the usage of resources.
Technology is making education improve over time. With technology, students and parents have a variety of learning tools at their fingertips. Teachers can coordinate with classrooms across the world and share their ideas and resources online. Students can get immediate access to an abundance of good information on the Internet. Teachers and students can access plenty of resources available on the web and utilize them for their project work, research, etc. Online learning has changed our perception of education.
Technology and Banking are now inseparable. Technology has made banking operations very sophisticated. With the emergence of Internet banking, self-service tools have replaced the traditional ways of banking methods. You can now access your money, handle transactions, and monitor your bank statements anytime and from anywhere in the world. Technology has made banking more secure and safe.
Automation has increased the level of productivity in various fields. It has reduced the labour work and increased the efficiency of the production. Repetitive work can be done easily without any waste of time. This has also reduced the cost of the products.
Technology in the field of medicine has not only improved our personal quality of life; it has also improved the lives of many medical professionals and students who are training to become medical experts. It has allowed much faster access to the medical records of each patient.
Patients and doctors keep up-to-date with the latest medical findings, share treatment information, and give one another support in medical problems. Modern technology has allowed us to contact doctors from the comfort of our homes. There are many sites and apps through which we can contact the doctors and get medical help.
Even though technology has increased the productivity of the individuals, organizations, and the nation, it has not increased the efficiency of the machines. Machines do not have the ability to plan and think beyond the instructions that are fed into their system. Technology alone is not enough for progress and prosperity. Management is required and management is the human-act. Technology is largely dependent on human intervention.
Q1. What is Technology?
Ans. Technology refers to innovative ways of doing work through various smart means. The advancement of technology has played an important role in the development of human civilization. It has helped in improving the productivity of an individual.
Q2. How has Technology Changed the Face of Banking?
Ans. Technology has made banking operations very sophisticated. With the emergence of Internet banking, self-service tools have replaced the traditional ways of banking methods. You can now access your money, handle transactions, and monitor your bank statements anytime and from anywhere in the world. Technology has made banking more secure and safe.
Q3. How has Technology brought Revolution in the Medical Field?
Ans. Patients and doctors keep up-to-date with the latest medical findings, share treatment information, and give one another support in medical problems. It has allowed much faster access to the medical records of each patient. Modern technology has allowed us to contact doctors from the comfort of our homes. There are many websites and mobile apps through which we can contact the doctors and get medical help.