Economics

How does technology affect the economy of the US?

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2016-05-14 13:21:17
2016-05-14 13:21:17

The US is a manufacturer of most of the technology used in the world. The export of these technology adds to the GDP of the USA. The use and discovery of technology has created jobs for its citizens.

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There are TONS of ways technology affects economy but one is that with technology, people lose their jobs because technology has gotten so good that it replaces people. When there are less jobs it affects the economy, as you can see by our current situation.


All countries affect the US Economy in some measure, but particularly Japan, Britain, Canada and Mexico.


Industrialization and new technology affected the economy and society in a significant manner. There was improved production and enhanced efficiency which led to growth of economy and better societies.


During the 1990s, there were many strides made in the technological sector. There was a great increase in the share prices of companies that were in the technology sector.



The government has affected us in allot of ways.


Usually, new technology will increase productivity in the economy. For example, if you replace a human in a factory with a robot that can work twice as quickly without breaks, productivity would increase.



immigrants are hurting the economy


It has made the candy economy skyrocket.


The war of 1812 kept imported goods from reaching the us witch led to the industrial revolution,and free enterprise led to the acceptance of new technology



flexible labour markets/economy, productivity/technology,capital markets.monetary policy, quality of work force, democratic government and legal and judicial institutions are the strengths of the us economy.


Technology developed during the war was used for consumer products.


how does affect the all economy


The Iraq war affects the US economy directly and will have ling term effects. The money is mostly spent to end combat and restore peace in Iraq at the expense of the US economy.


yes they will be like cars that will fly in space a major change in the economy and etc


Technology developed during the war was used for consumer products.


awesome ways ............no that's not an answer........:/


It gave people the right to wear pants


it does not affect the economy


He improved the economy and got us out of the Great Depression.


The underachievement of the males impact negatively on the economy which affects everyone of us.


it gives the economy money



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