Assignment

View the following video: http://www.youtube.com/watch?v=DhUtwDI5rXI

The video suggests that the US has transformed from an industry-based economy to a service-based and information-based economy. What evidence supports this contention? What risks are there for a country that is primarily a service or information-based economy? How can such a country guard against those risks?

Select one of the following industries (try not to duplicate topics) and do a quick web search on your topic.

• Airline
• Automobiles
• Banking
• Books
• Farming
• Fashion
• Fast Food
• Fishing
• Groceries
• Music recording
• Music sales
• Newspapers
• Post office
• Real Estate
• Sales
• Shipping
• Sports
• Telephone
• Tourism
• Toys
• Videos

Respond to the following questions:

1. Trace the history of your selected industry going back 100 years.

2. Technology is used to meet the needs of humans. What need(s) were met by your industry?

3. How did the evolution of your industry through technology change society?

4. Predict what changes might take place in your industry in the future. What might your industry look like 100 years from now?

Be sure to include any references you use (URL's are fine - no need for APA format)