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Why to Study

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Submitted By ddey74
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Human beings embark the discoveries, invention and innovation that aftermath in modern era economic gadgets. Economic gadgets mainly include all sorts of electronic goods and with new technologies, every year they are crossing trillion dollar market. Most important e-goods that we use comprise of mobile phones, television, laptops, watches and many more. People around the world are in rush to have the best technology in their pocket from the new kit-Kat android operating system to M7 iphone processor .They are willing to pay far behind their budget taking gadgets on “EMI” mostly just to show-off even not knowing the feature but just for flaunting “yes, I have apple!!!” No one around the world is untouched by the technologies, even in rural areas one can see a far below middle class person having Smartphone and all other type of luxury goods. We all are taking a lot of interest in these goods; sole reason being consumerism, and betterment of life with these goods.
Even the Multinational Companies doesn’t leave any means to lure the customers, from endorsement by tycoons to gadget carnival, new offers, attractive benefits, etc, etc. If we look at the history, first telephone credit goes to Graham bell in year 1876.The first smart phone was designed by IBM in year 1992 and was called “Simon”. After that every year new technologies goes on adding. Over the years other electronic gadgets came out such as iPod, tablets, mp3 players, etc. With innovations, the cost of gadgets also decreased as well the processing charges. Similarly the first television invented in 1884 by Nipkow, after that coloured version came in 1928 and today we have LED, LCD and Plasma TV’s.
The current market worth of cell phones is about 250 billion dollars; television is 200 billion dollars and several billions for other electronic gadgets. This shows the consumer’s interest in electronic gadgets

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