Industry as an example of area, which according to the beliefs of experts, belongs to the most crucial in each economy.

Increasing number of people at present, who tend to have complications related to finding employment in the profession they have learnt, are mostly unaware of the tendencies that happen at present in modern economy. It is implied by the fact that, above all, owing to the visible impact of globalization it is quite demanding to remain regularly in touch with what’s happening on the markets.

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As a result, we ought to also keep in mind that in the sphere of industry something similar is likely to be observed, as inter alia more and more mines, factories etc. are either closed or have difficulties with achieving satisfactory sales results that would allow them at least to last on the market. There are diverse facts that explain this tendency, which should be known especially by those of people, who thinking about entering the labor market in the nearest future.

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Firstly, we are recommended to realize that growing globalization means more opportunities for rivalry between various companies. For enterprises from foreign countries this implies a chance to enter a new market simply, without any higher expenses.
That’s the reason why, companies, which are the most popular in the topic of industry discovered that there are other places than Europe that are much more competitive in terms of for instance labor expenses. This explains why for example China – a country with a population twice bigger than whole European Union, is so common direction in terms of flow of the worldwide capital.

This indicates that in the future we are likely to expect that thanks to demographical reasons, more physical-oriented work would be rather done, firstly, in China. Nevertheless, this doesn’t imply that Europe is in front of great crisis. This rather means that in terms of industry on our continent there would be far greater demand for employees with more professional knowledge, who would be responsible for the improvement of the technology.
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