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Abstract

All most all the countries in the world are progressing in terms of Industrial, Agricultural and Service Sector development. We have made an unimaginable development in the field of science, technology and medicines. The so called modern society has come from the Stone Age. It is visible and vivid that the social, economic and political life has been changed a lot. People enjoy their sophisticated life.  The present standard of living of the people is incomparable with the past. Manual work was replaced by machines. Modern technology is the order of the day in all aspects of human life. But the modern technology and the modern life make people unhealthy and slave to the modern system and thereby the quality of human life becomes so pathetic and miserable.  In fact, human beings are not being human. 

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How to Cite
Dr. C. K. GOMATHI, & Dr. S. N. SUGUMAR. (2020). The Modern Economy - Myth and Realities. GIS Business, 15(5), 119-124. Retrieved from https://journals.eduindex.org/index.php/gis/article/view/19979