Technology Development Policy

Industrialization and economic development of developing and developed countries. Sources of funds for financial investments. Infrastructure (social and economic) standard of living. Productivity, effect of productivity and standard of living and economic development. Techniques for increasing productivity. Definition of management techniques, work study and its advantages. Basic procedure for method study, use of charts and symbols; factory/shop layout; examples of method study. Basic procedure for work measurement; time study. Ratio delay/activity, sampling method. Effects of working conditions (e.g. cleanliness, lighting, ventilation, wise, safety precautions, etc.)