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What is one way to measure technological progress?
total growth minus increases in capital and labor
How a nation progress?
Infrastructure economy and army
What always takes place when technology advances?
Technological advancements improve results.
What do producers look to increase when making technological improvements in the game of economics?
Productivityproductivity
What are US firms at the forefront of in economic markets?
US firms are at the forefront of technological advances.
What leads to technological progress?
an increase to efficiency
Are there limits to technological progress?
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
What is the one word for a person who resists technological progress?
Luddite : a person who resists technological progression.
What is the theme of autumntime?
Technological progress and urbanization come at a cost
Was the Industrial Revolution a time of progress or decay?
It was the time of progress, because many technological improvements were made during this time.
List two forms that technological advancement can take and give an example of each form?
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.
What does not help promote technological progress?
reducing the scale of the market for a new product
What lead technological improvements?
increased productivity
What does technological improvements lead to?
Increased productivity
Technological Advances lead to what?
-Increase...-Allow...
Technological improvements lead to what?
increased productivity
Technological improvements lead to?
increased productivity :)
