ces in the transportation industries have also benefited wealthy countries more than poor countries. As the use of automobiles and airplanes spread throughout the world, the poorer countries were forced to use standard horses and buggies and ships because - 6the price of automobiles and airplanes were too high. This gave the wealthier countries an enormous advantage because a product that previously required months to ship by sea would take a matter of days to reach its destination by air and automobile. Businesses in the wealthier countries were also able to send their executives around the world to meet with executives from other countries and close their deals, while the executives of businesses from poorer countries were still on their boats travelling. If a country does not update its transportation industries, international companies will not want to build warehouses and distribution centers within that country. This, in turn, creates high unemployment rates, driving the people further and further into poverty.According to Moore’s law, computing power doubles every eighteen to twenty-four months. This means that only countries that can afford to pay millions every year and a half will have the newest technology. The newest technology that many countries can afford is sometimes outdated by years, driving their economies further into poverty because they are unable to compete with wealthy countries. For the wealthier countries, however, an increase in computing speed leads to faster transfer of - 7documents. It also speeds up production because faster machines that are capable of handling more data are used in factories in wealthier countries. Compression technology has also allowed for lower costs in wealthier countries because disks are able to hold more information. The amount of data that can be stored on a square inch of disk has increased by sixty percent every year since 1991. Along with compression techno...
