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What are some true statements about the industrial revolution and capitalism?
(Nova-Net) New technology made production much more efficient.
What has the author Izuddin Ibrahim written?
Izuddin Ibrahim has written: 'An investigation into future changes in the health and safety practices in newspaper production due to the impact of new technology'
What is the impact of technology to demand for goods and services?
The impact of demand for goods by technology actually lies within how it affects supply. Technology generally lowers the cost of production and increases efficiency, lowering unit costs for good production and thus increasing equilibrium demand. Additionally, secondary effects of technology may come from information: technology imparts information and dependency on those who use it, so they become used to new technology/methods and demand more of it in the future, discarding less efficient methods.
How can you reach beyond the production possibility frontier?
With the introduction of new technology and new resources will shift the production possibility frontier.
What term refers to the creation or invention of new systems to fulfill a society need?
The term that refers to the creation or invention of new systems to fulfill a society need is "technology".
What does new technology generally do to production?
It lowers cost and increases supply.
What Cause a production possibilities to move to the right?
new technology, new labor sources, new resources
What advancements in technology did mark zuckerberg create?
Automation and creation of new app integration on Facebook.
What can cause a production possible curve to move to the right?
new technology, new labor sources, new resources
When new technology is introduced the production possibility curve will shift which way?
The right.
Impact of information techonology on public administration?
whats new in information technology?
How will new technology impact the growth of communities?
it will impact it greatly for growth and bring us that much closer to a unified race
