The component can be very well related to that of development in the overall context of the technological landscape. With the inclusion of this particular component i.e. DSP in the technological aspect, integration to a whole new level is attained at large . With this concern, this research report will highlight all those significant factors that are associated with the broader impacts of DSP in a social, global along with economic context.In relation to the economic viewpoint, it can be affirmed that DSP has been able to create all-round diversity in the overall economic context. Analyzing the relevance of DSP in an economic standpoint eventually helps in identifying its broad interrelations relating to economic integration. DSP is applied in varied fields, which directly or indirectly impose a considerable impact on the economic conditions at large. The broad areas in which it is applied include consumer applications and biomedical fields. In this regard, the various aspects of consumer applications comprise digitalized televisions, cellular phones, digital cameras, and internet-enabled mobile phones among others. On the other hand, the aspects of biomedical fields encompass patient monitoring, ECG Analysis and X-Ray storage/enhancement among other various fields. The utilization of DSP in all these broader areas can be viewed to provide variable grounds for the development of economic conditions. Specially mentioning, this particular technology also leads to a mass expansion in the technological domain, which eventually resulted in fulfilling different economic objectives. Besides, the component has been able to create a superior level of economic integration in terms of supporting the most booming industries in the world such as information technology. Also, DSP is highly recognized for providing solutions to various departments including engineering, sales operations, and finance among others (Department of Electrical and Computer Engineering, “The Broader Impact of DSP in a Global, Economic and Social Context”). Its utilization in all these departments ultimately imposes extensive impact especially upon the economic.In relation to the context of the socio-political context, DSP’s utilization has been able to create a wide range of impact. In this similar context, Modern technology has been able to create a total phenomenon in the overall aspects of civilization.
Impact of DSP in the Economic