Role of chemistry in economic development essay

Chemistry is the science of molecules: the basic building blocks of all known matter. In a way, this makes chemistry the science of everything. In sharp contrast to other major science disciplines, such as physics, mathematics and biology, chemistry is the only fundamental science that has a specific industry attached to it.

Chemistry as a discipline also has been, and remains, a significant contributor to the wealth, prosperity and health of humanity. Over the last 5, years, it is chemistry, more than any other discipline, that has made our global civilisation possible.

Early civilisations learned how to extract simple metals and to process them, which enabled military and eventually economic superiority. Likewise the civilisations that discovered gunpowder gained ascendancy in many areas of the globe.

Innovations, such as the development of specific cements, mortars and, later on, concrete, glass and plastic, allowed urbanisation on a massive scale. The industrial revolution was enabled by the rapid improvements in understanding combustion and thermodynamics of fossil fuels. This led to global power shifts to those countries, which were able to implement these innovations on an industrial scale. Inthe global chemicals industry contributed 4.

We anticipate that chemistry will continue to define the directions of technological change during the 21st century. For example, chemical research and development will contribute to energy efficient LEDs, solar cellselectric vehicle batterieswater desalinationbiodiagnostics, advanced materials for durable clothing, aerospace, defence, agriculture, nanotechnologyadditive manufacturing as well as health and medicine.

Currently, around half of all chemists work in industry, one quarter in universities or teaching, and most of the remaining quarter are employed in government laboratories. There are more than 60, people employed in the chemical industry and it is our second largest manufacturing sector.

These are impressive figures but to maintain this performance, long term strategies and national focus are required. The decadal plan is a grass roots document, put together by a working group under the auspices of the National Committee for Chemistry.

The key goals of such a bottom-up approach are to ensure that it is the chemistry community itself that sets the direction of the field and identifies the opportunities and challenges ahead.

Based on the findings of the DP process, chemistry in Australia remains a healthy but underperforming science.

role of chemistry in economic development essay

Chemistry is an attractive career choice and chemistry remains vital to many Australian industries including construction, mining and agriculture. However, chemistry graduates are increasingly moving into areas such as biotechnology, environmental monitoring, forensic science, food science and green chemistry.

The biggest challenge identified by the DP working group is poor communication across the sector. Australia can do much better in exploiting its strong research base. Profitable, chemistry-based companies create high quality jobs, which in turn attract students to stay in science. Better linkages between universities and industry will ensure Australia can generate the products needed to maintain high living standards.

Governments need to support this value-adding chain by developing long-lasting, bipartisan policies that foster risk-taking and greater investment in manufacturing.

We may have heard a lot of this before but now it is being said with one voice. Exploring the psychology of veganism vs. YorkTalks — York, York.

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Helping your child with contamination related concerns — Cambridge, Cambridgeshire. Edition: Available editions United Kingdom. Become an author Sign up as a reader Sign in. Chemistry is all around us. Paul MulvaneyUniversity of Melbourne.Stop looking for a quality writing service.

Chemistry involves studying natural science to understand the structure, composition, and the metamorphosis of various substances. Substances are elements that make up chemical compounds. Chemistry has major importance in the food industry because it involves studying of chemical processes and how the chemicals interact in both biological and nonbiological food components.

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Chemistry informs us about changes in food during processing and storage. Chemistry is important in the food industry because it explains the changes in the cooking process, including how ingredients interact to make food and how our body uses food. The food industry use chemistry as an important tool to analyze food items to understand its nutritious values.

For example, chemistry helps us develop various food flavors, preservatives, thickeners and sweeteners. Food chemistry is important when designing and developing new products for the food industries. When studying the composition of various food substances, food chemistry enables manufacturers to understand an array of chemical reaction that could help them form new or improve food products.

These improvements can in from of developing new flavors, new aroma, and additives. Food additives help in the preservation of food quality, enhancing the taste and also modifying its appearance. Flavors are important because it determines how the food will smell and taste to attract consumers. The most common importance of food chemistry is in baking where the size and the color of the baked bread are determined by the chemical process that involves mixing various ingredients that result to a tasty bread.

Understanding the role of carbon monoxide is key in the baking process. The process where yeast is added to the flour as the yeast cells result in spongy dough is made possible through chemical processes.

The food chemistry in baking helps in knowing the quantity of yeast to be used versus the amount of flour, the process of mixing, the duration of incubation and the time required for baking to produce the final product. Since water is key in baking, food chemistry helps us understand the process that allows water vapor in the baking oven that result in the brownish color of the bread.

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Food chemistry has given birth to both natural and artificial food preservatives. Several preservative methods have emerged from studying chemical components used for synthesizing food preservative.

Food chemistry has allowed manufacturers to develop new additives like the palm wine.Economic development begins with a strong relationship between community members. Indigenous worldview and the Western worldviews are incredibly different. This may lead to a shaky relationship between First Nations people and the Westernized economy.

Economic conditions and developments in the arts and entertainment were some of the most impacting among these factors. Economic conditions gave people a feeling of economic prosperity. They also allowed people to buy a lot of things on credit. Developments in the arts and entertainment created a culture of free. It is without a doubt that women have always played a crucial role in different aspects of society and many studies have revealed that women empowerment and economic development are interrelated.

Due to such studies many policies have been created to promote women empowerment in order to achieve economic development. Development constitutes a new stage or phase in a changing situation. It is rather ambiguous and can be viewed from different perspectives. With regard to the context of this essay, it refers to economic development and can, at times, allude to human or social development. The office was tasked with preparing relocation incentives for companies in order to create jobs.

The office was split into different departments totaling about 45 people. The office worked strictly under the Governor. Economic development is the development of economic wealth of countries, regions or communities for the well-being of their inhabitants. Overview There are significant differences between economic growth and economic development.

The term "economic growth" refers. Economic development has the potential to transform regions as it creates an enabling environment for economic growth. Economic development is also associated with expanding the capacity of individuals and communities to maximize the use of their available resources.

The extent of economic growth depends on the type of the additional products that the economy produces from its investment projects. It has been an instrumental aspect in the growth of Cincinnati. Cincinnati is comprised of a diverse. Community economic development is a field of study that actively elicits community involvement when working with government, and private sectors to build strong communities, industries, and markets Riley, The definition given by Michael Todaro suggests it is an increase in living standards.

This paper is examining the role economic development as measured through levels GDP low, medium, high plays in the level of gender empowerment in a country. Introduction Governments the world over have long been investing in infrastructure in the hope of boosting economic development of their country.The development of technology is rapidly altering every aspect of the lives of human beings and extending the changes towards economic development.

Technology refers to the body of information whose utilization elicits the manufacture of products and services from various sources of the economy. Today, the use of technology has penetrated all sectors in a country, from crop management, food processing, healthcare, marketing, resource management, environmental management, communication, and transportation among others.

According to business experts, technology plays the pivotal role of the source in the development of the economy with its numerous changes contributing immensely to the growth of the economy in various ways. Technology promotes the usage of natural resources. Different countries boast of a wide array of natural resources found in various places in their environment especially below the earth surface.

Due to the lack of know-how and ability to detect and retrieve them, numerous countries, particularly in developing nations, grapple with sitting on economic treasures such as minerals, oil, and land that are unutilized. However, Technology alters this dynamic by developing various machinery that enables businesses and the government to adequately access and utilize a wide range of natural resources efficiently, benefiting businesses and boosting the overall economy of the institution and country.

Technology elicits the saving of time. The utilization of technology in various aspects of industries such as computerization of data, use of machinery to carry out different jobs instead of human labor, as well as, utilization of the internet for communication readily alters the dynamic and operation of a business.

It does so by ensuring the utilization of machines powered by technology plummets the time needed to produce various goods and to decrease the delivery period for the said products. Additionally, the adoption of technologically fueled communication through the internet ensures customers can communicate with the production team on placing urgent orders or making changes to orders within a limited period, promoting efficiency and the overall increase in profits that translates to economic development.

Utilization of technology results in saving of labor. Among the most expensive expense in business is the management of resources due to the high cost of labor. However, through technology use, this has changed as many manufacturing, and other industries move away from human labor and adopt automation and robotics in the different sectors of their businesses.

role of chemistry in economic development essay

For instance, in production, data management and in food service industry where robots deliver food. Consequently, this has reduced the burden of work and lessening of the input of a labor force, thereby resulting in reduced number of employees.

Technological advancement facilitates research. Technology offers new opportunities and the discovery of new ideas. The conducting of research encompasses activities such as the writing of a proposal, creating theoretical models, designing and conducting experiments, collecting data and maintaining of communication with research sources and colleagues.

Technology comes in handy by facilitating the doing of research by all businesses sectors.

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Thus, they gain insight that aids in advancing businesses through the discovery of alternative methods of running and managing a business that is more profitable, and the discovery of new technical capabilities in the market. The utilization of technology has boosted international trade. Information technology has revolutionized the sale of products to customers throughout the world.

The presence of internet has made the world a global village, connecting different people from all over the world into a single platform, where they can communicate, share ideas, sell and buy commodities.

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Thus, for businesses, utilization of the internet enables them to reinvent themselves by ensuring their online presence. Hence, reaching a wide array of customers within a short period and increasing their sales by acquiring a more significant customer base through online shops, social media and by use of ICT marketing tools from all over the world.

Use of technology in businesses has resulted in the expansion of industries. With the usage of technology, numerous institutions including the government have adopted measures of making available most of their services to the public through online platforms. The new changes have necessitated the development of new infrastructure to support all these services. As a result, new sectors have come up such as the App industry, creating more opportunities for numerous people and resulting in the expansion of industries.

Moreover, technology has increased the efficiency of production while reducing the workload and production cost. Consequently, businesses reap more profits from their ventures at a lower expense while giving them opportunities to expand their businesses for more returns.

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In conclusion, the adoption of advanced technology is the wisest decision for any business in the world today, as its benefits are innumerable in all sectors. Technology plays crucial roles in economic development by facilitating the utilization of resources saving on time and labor, boosting research and international trade while leading to the expansion of industries. Countries that are alive and ready to make substantial investments in the changing environment can continually benefit from technology.It included not only the independent businessman but also company directors and managers who actually carry out innovative functions".

Need For Entrepreneurship Development : Economic development essentially means a process of upward change whereby the real per capita income of a country increases over a period of time. Entrepreneurship has an important role to play Entrepreneurship is one of the most important input in the economic development of a country.

The entrepreneur acts as a trigger head to give spark to economic activities by his entrepreneurial decisions. He plays a pivotal role not only in the development of industrial sector of a country but also in the development of Role of entrepreneurship in economic development Entrepreneur An entrepreneur can be regarded as a person who has the initiative skill and motivation to set up a business or enterprise of his own and who always looks for high achievements.

He is the catalyst for social change and works for the common good. They looks for opportunities, identifies them and seizes them mainly for economic gains. An action oriented entrepreneur is a highly calculative individual who is always willing to undertake The Role of Agriculture in Indonesia Economic Development Indonesia can be categorized as an agrarian nation, where the role of agriculture in Indonesia economy really significant. Agriculture sector in Indonesia has a role in: a providing job opportunity for the majority of labor force, b producing foods for the nation, c raw material producer for industrial sector, and d strengthening food security and rural development.

The role of agriculture becomes more important when Indonesia In past 20 years to the Gross Domestic Product In most developed economies, the main stay of their economy has been attributed to the effectiveness of the small and medium scale enterprises SMEs. Small and Medium Scale Enterprises SMEs is accepted globally as a tool for empowering the citizenry and economic growth. It has been associated with the rapid economic growth of However, even though we know that higher productivity leads to improved economic outcomes there has been no consensus among researchers about either the desired path of development or the role of state in economic development.

Concerning the path of developmentLall says that the appropriate strategy for any Role of Commercial Banks in the Economic Development of a Country: Commercial banks are one of the three primary agents which help circulating funds in the market.

Commercial banks provide loans and corporate bonds to the households, new start ups and small medium enterprises to run their businesses. It also obtains money from the households and invests that money to other profitable investments.

The money held as customer account then accrues interest which is given to the customer in the form Sign Up. Sign In.

role of chemistry in economic development essay

Sign Up Sign In. Role of Entrepreneurship in Economic Development Role of entrepreneurship in economic development Entrepreneur An entrepreneur can be regarded as a person who has the initiative skill and motivation to set up a business or enterprise of his own and who always looks for high achievements. The Role of Agriculture in Indonesia Economic Development The Role of Agriculture in Indonesia Economic Development Indonesia can be categorized as an agrarian nation, where the role of agriculture in Indonesia economy really significant.

Economic Development [Pick the date] Home development Economic developmentachieved largely through productivity growth, is very important to both developed and developing nations.

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Role of Commercial Banks in the Economic Development of a Country: Role of Commercial Banks in the Economic Development of a Country: Commercial banks are one of the three primary agents which help circulating funds in the market.Economic development is a fairly new idea that arose during the early twentieth century. Many theorists attempted to define economic development and to differentiate it from the concept of economic growth.

According to economists, Gerald Meier and Dudley Seers, these two concepts are different from each other and they stressed that economic development cannot be equated with economic growth. They both agreed that economic development is a more complicated and dynamic process than economic growth but both are no doubt interrelated. Economic growth is defined as an increase in a country's ability to produce goods and services, in other words, increase of per capita gross domestic Product GDP or other measure of aggregate income.

Economic Growth is the optimum utilisation and development of under-utilised resources of developed countries and brings significant changes in the economy. This growth is associated with a steady, general and gradual increase in the rate of savings, output and investment in the economy. Several economists have come to the conlclusion that productivity gains, ie increases in efficiency was a major factor in China's immensely fast economic growth.

Economic reforms which included the decentralization of economic production, led to substantial growth in Chinese household savings. Economic development, on the other hand is an increase in the economic standard of living of a countrys population with constant growth from a stagnant state to a higher level of equilbrium. It implies changes in income, saving and investment along with accelerating changes in socio- economic structure of a country.

Economic Development is concerned with whole changes in the economy and brings both qualitative and quantitative changes and mainly refers to the problem of developing countries.

role of chemistry in economic development essay

It relates to the utilisation and development of unused resources in underdevloped countries. After the mids India began opening up its market slowly through economic liberalization and this policy played a huge impact on the economic development of India.

The Indian economic development got a boost through its economic reform in and again through its renewal in the s. Since then, the whole scenario of economic development of India has changed dramatically. Economic growth is a narrower concept than economic development.

As earlier we stated, its termed as an increase in the real level of national output but this can only be caused by an increase in quality of resources, such as education, increase in quantity of resources and improvements in technology or increase in the value of goods and services produced by every sector of the economy.

In Malaysia for example, Prime Minister Abdullah, after coming to power inhas tried to develop economy of this south Asian country by introducing value added production. He took a number of measures to introduce hi-tech technologies and urged investments in high technology industries, medical technology and pharmaceuticals. Economic development is a normative concept. According to Michael P. Todaro,an American economist, economic development is an increase in living standards, improvement in self-esteem needs and freedom from oppression.

Malaysia economic development is one of fastest and steady in global economic scenario. This is a clear indication of tremendous economic development in Malaysia. The most precise method of measuring development is the Human Development Index which takes literacy rates and life expectany into account which affects productivity and could lead to economic growth. Creation of more opportunities in sectors of education, healthcare, employment and conservation of environment can be opened up.

Economic growth does not take into account the external costs of an economy such as the depletion of natural resources which leads to pollution, diseases and congestion. Development is concerned with sustainability, ie, it meets the needs of the present without compromising future needs. These environmental affects have increased pressure on the Governements in general and have a become a massive problem for them due to global warming.

Economic Growth also does not also take the size of the informal economy into account. This informal economy also known as the black economy is an unrecorded economic activity.Chemistry as a subject has a significant importance in our daily lives and the society in general.

Everything on the earth is made of chemicals. Chemistry helps us understand how items around us are made e. In our daily life, we fall sick and consequently need drugs which are made by scientists through chemistry. This helps to know what drugs to take by showing their contents and their impacts on our bodies.

The Importance of Chemistry in Life and Society

Lagowski, J. J, Through chemistry, we get to understand how food gives energy to our bodies; this enables us to be careful regarding contaminations and also their consequences afterwards such as diseases. Chemistry helps to understand and observe the changes around us since such changes are caused by chemistry, for example, changes of the colors of leaves.

It helps in day-to-day decisions that affect our lives e.

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It also describes various chemical elements preset in the environment, their reactions, and effects on the environment. It illustrates environment segments, their interrelationships, and significances.

In our daily lives, we wear clothes that are made of fabrics such as nylon which is learned in chemistry. It also boosts the industry sector through extraction of valuable metallic such as copper, zinc, and magnesium and also helps in understanding the chemical reactions of such metals.

We use soaps that are made through a process called saponification in chemistry, these soaps help in carrying out daily activities such as laundry. Get a price quote. Accuracy is termed as the degree of veracity, it describes the closeness to the target. The closeness the measurement to the target makes a system to be around 98 accurate and vice versa.

Accuracy is how correctly a test identifies or excludes a condition. It also means that the measured values are exactly the same as the given value; it is also determined by sensitivity. Our outstanding writers are mostly educated to MA and PhD level. Refutability is the variation that arises when all efforts are made to keep conditions constant by using the same instruments and operators and repeating during a short-time period. Reproducibility is the variation arising when all efforts are made through having all required measurement of all different instruments by using given operators over a longer period of time.

It is the ratio of true positives to the sum of all positives true positives and false positives. The society in general depends on accuracy and precision in many ways. In the society, there exist media organizations. Accuracy and precision are of great use here since the media should enhance them. Reliability is presenting strongly evidenced, examined and tested clear and unambiguous information for it to be accurate.

It must have verified facts, not rumors or speculation. The society, therefore, uses accuracy to rate the media organizations.

The society comprises of organizations and institutions which keep records and notes. Such records and notes need accuracy for the organizations and institutions to be reliable and contemporaneous.