Answer to Question #56827 in Economics for George

Question

Critically examine the importance of cargo handling technology for a developing nation container port attempting to boost trade in order to achieve economic growth.

Answer 1

The major categories of cargo handling technologies may include storage and retrieval systems, equipment tracking technologies, specific ship-loading technologies, multiple trailer systems, container technologies, automated guided vehicles, linear motor conveyance systems, automated storage and retrieval multi-story systems.
New port technology may be very important and even essential to maintain economic growth and competitiveness. Developing new methods and technologies for ports can create entirely separate economic activity in business.
That's why cargo handling technology for a developing nation container port may be very important to boost trade in order to achieve economic growth.