Technology refers to a wide range of processes, products, tools, and techniques that are used to make things happen. It includes both hardware and software.
When technology is used to produce goods, it is called manufacturing. The goal of manufacturing is to make goods more efficiently. Some of the newer technologies include faster shipping speeds, improved tracking, and employee safety.
New technology has an impact on individuals, businesses, and society. Most technology products require maintenance and repair. They also carry a variety of side effects. In some cases, trade-offs are required to avoid negative side effects.
Technology reflects the values of cultural systems. Its importance lies in its ability to shape and reflect those values. As such, it can be a powerful force for human development.
For example, the use of gunpowder to start wars has fueled the population explosion. Other technologies have influenced the course of history. Agricultural technology, for instance, has probably had more influence on the course of human life than political revolutions.
Technology also plays a role in communication. Television, radio, and the internet are powerful tools for many people. These tools can allow people to communicate instantly.
New technologies also change social hierarchies. Because of the speed with which these technologies are developed, they can cause major disruptions in the way we live and work. However, they can also be beneficial, as when they can improve a product’s quality.
New technologies require sophisticated training. This can be a significant expense. Additionally, the cost of maintenance and repair must be covered.