Originally Posted by KarimFatemi

Topic: Advancement in Science & Technology is the gateway to economic prosperity

Thesis Statement: Advancement in science and technology is one of the key contributors to the economic prosperity of a country these days. But it is not a sole contributor, it needs to be complimented by good governance, human & social development and education.

OUTLINE
1. Introduction
I. Advent of Science & Technology
II. Economic Prosperity in 21 Century
III. Thesis Statement

2. Defining Economic Prosperity

3. Role of Science & Technology in Economic Prosperity
I. Computing is transforming economic performance by managing integrated supply chains
a. Example: Retail Services & e-Commerce

II. Advancement in IT industry making communication faster in turn making banking transactions smoother

III. Use of Advanced Machinery is increasing labor productivity
a. Example: Agriculture, Heavy Machinery

IV. Hi-tech equipment with increased precision is improving performance
a. Example: Medical Surgery

V. Transportation and communications getting faster and better generating more revenue

VI. Advanced Medical Research helps increasing exports

VII. IT industry can add to economic growth via Innovative Products and Services used for export

4. Role of Human & Social development in Economic Prosperity
I. Role of Education in Economic Prosperity
a. Education helps people to focus on Entrepreneurship resulting in employment

II. Improving Human Development Index for economic growth
a. Citizens with healthy life can play a key role in increasing productivity

5. Role of Good Governance in Economic Sustainability & Prosperity
I. Public enterprise reform, corporate governance, improving state’s regulatory function, and strengthening business-government interaction.

II. Institutional enhancement of the legal and judicial systems and the development of the legal framework for private sector development.

III. Preventing the misuse of public power by government officials for personal gain.

IV. Attracting foreign Direct Investment by formulating robust policies

6. Conclusion