Chapter 24, Problem 4BCQ

To determine

Implication of the differences in economic growth across countries due to the adoption of Bar-code technology all over the world despite initial barriers.

Introduction: A Bar-code scanner or reader is an electronic device that record and translate barcodes from the recognized image into alphanumeric digits.

Innovation is the introduction of a new method of production, new technology adoption and changes in existing method of production. It implies increase in productivity, efficiency, reduction in the cost of production and ultimately increases the growth rate of country.