Why is engineering profession important ​

Professional engineering safeguards life, health, property, economic interests, the public welfare and the environment.

Engineering disciplines integrate scientific principles with practically oriented research, providing systems and processes that themselves create ways of acquiring new knowledge. This integration makes engineering critical to successful industrial innovation.

انجینئرنگ کے شعبے سائنسی اصولوں کو عملی طور پر مبنی تحقیق کے ساتھ مربوط کرتے ہیں ، ایسے نظام اور عمل مہیا کرتے ہیں جو خود نئے علم کے حصول کے طریقے بناتے ہیں۔ یہ انضمام انجینئرنگ کو کامیاب صنعتی جدت کے لیے اہم بنا دیتا ہے۔

Explanation:

it is therefore sobering to see the low percentage of engineering degrees awarded in US universities today: only 4.4 percent of the undergraduate degrees awarded in the United States are in engineering, compared with 13 percent in European countries and 23 percent in key Asian countries (NAE 2014). Furthermore, with ever increasing economic development and growth worldwide, it is not clear that the best engineers will want to work in the United States—or that the best employment opportunities for US-educated engineers will be in this country.

Survey evidence from a large sample of R&D-intensive companies headquartered primarily in the United States and Europe shows that firms do not feel constrained to locate new research facilities at home (Thurs by and Thurs by 2006 a). Only 15 percent of those surveyed located all of their R&D at home, and 20 percent conducted more than half of their R&D outside of their home country. Many of them located facilities in developing countries, and the second most important reason for companies’ choice of location was access to quality research personnel (Thurs by and Thurs by 2006 a,b)

The number of engineering degrees awarded in the United States has increased at all levels since 2003. As shown in Figure 1, the number of bachelor’s degrees awarded increased by 40 percent between 2003 and 2012, with 88,176 degrees awarded in the latter year. Master’s degrees increased over the same period by 24 percent. In terms of percentage growth, the increase in doctoral degrees awarded was the most dramatic: 71 percent.

The employment pattern shown in Figure 6 is not idiosyncratic but rather reflects general trends since the 1990s. This is good news because it suggests that engineers contribute well beyond their technical skills. But it also means that US universities face a major challenge: the need to design curricula to attract and prepare students for the current and future workplace, where the need for multidisciplinary skills is increasingly the norm.

Looking forward, projected employment in engineering occupations is not as optimistic as for other science fields or nonscience and engineering fields. Figure 5 shows that the projected increase in engineering employment (for all degree levels) between 2010 and 2020 is less than that for other science and engineering fields.

answer:

the fed will purchase bonds from banks to inject money into the banking system. the banks can use these funds to provide loans to individuals and businesses.

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