Multiple Choice
Technology is important because: (Please select all that apply.)
A) It always produces a higher standard of living
B) It has the potential to increase productivity
C) It can enable a country to shift out of the boundaries of its production possibilities
D) It enables the gap between rich and poor to narrow
Correct Answer:

Verified
Correct Answer:
Verified
Q5: What did Schumpeter mean by the term
Q6: Technological change contributes to economic growth.
Q7: Technological change is always initially the result
Q8: To what extent is it inevitable that
Q9: What role does technology play in business
Q11: It is inevitable that the rise of
Q12: What role has technological change played in
Q13: The term 'basic research' is used to
Q14: A major feature of the technological debate
Q15: Choose one of the following businesses: Apple,