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RESEARCH - 2022
47
[6]
The all information, indicated above in the table, is taken from the reviews of
International Monetary Fund, and can easily explain how the entrepreneurial drive with the
openness and enthusiasm for practical innovation from the steam engine to the search
engine in America could drive the economic growth of the whole nation. Hence,
approximately half of the annual GDP growth in this country was attributed to the rise of
innovation.
And as it is illustrated in the graph, the top six countries with best results in GDP
consist of France (2.78 trillion) as a last place, then it is United Kingdom with the score which
is 0.05 trillion betters than France. However, the country with the highest scores on top three
are Japan (4.97 trillion), China (13.4 trillion) along with the United States of America with
20.49 trillion US dollars.
In this case, the term of STEM also is incredibly important and should be better
explained why is it significant for state’s economic growth?
Although only a small percentage of businesses throughout the globe identify
themselves to be in the technology business, the vast majority rely on technology to function
and compete.
The pattern of growth is significantly more widespread when we look at both
technology industry employment and occupations that need STEM-related skills.
This tendency is best evaluated by following the evolution of STEM occupations,
which involve tech skills but are applied across industries.
0
5
10
15
20
25
Annual GDP on countries
The highest rates of nominal GDP
France
United Kingdom
Germany
Japan
China
United States
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