total growth minus increases in capital and labor
Infrastructure economy and army
Technological advancements improve results.
US firms are at the forefront of technological advances.
an increase to efficiency
Actually, no.. As long as inventions and such continue to work in perfect condition, there won't be a stop in technological progress any time soon anyway
Luddite : a person who resists technological progression.
Technological progress and urbanization come at a cost
It was the time of progress, because many technological improvements were made during this time.
Technological advancement can be seen as progress within society. For example, people living better is progress. Another way you can see technological advancement is through the use of advanced devices.
reducing the scale of the market for a new product
increased productivity :)