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It makes the economy stronger and more efficient.
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∙ 11y ago
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What effect does new technology usually have on economy?
The effect that new technology usually has on economy is seen in various ways. Technology will improve of efficiency and the overall productivity in the market. .
How does technology affect productivity in an economy?
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.
What is happening is the information technology sector of the global economy?
Many information technology jobs are shifting from developed countries to the new globalizers.
What effect did new technologies and business growth have on the US economy?
They helped better the economy and produced more tools. For business, it kept all the factories in content
Is New Zealand a traditional economy?
NO. New Zealand is a modern capitalist economy.
What effect does new technology usually have on economy?
The effect that new technology usually has on economy is seen in various ways. Technology will improve of efficiency and the overall productivity in the market. .
How does technology affect productivity in an economy?
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.
What effects do tornadoes have on the economy?
Tornadoes have both a positive and negative effect on the economy. While they can be very destructive, new construction is usually the result of tornadic activity.
What role has technology played in India's economic growth?
Technology has revitalized the Indian economy - it was a new industry that could employ many of India's people.
What new technology is becoming an important part of India's economy?
Information Technology; includes computers, software, and the internet.
How did industrialization and new technology affect the economy and society in 1865?
They helped alot
What effect did the introduction of new technology have on ww1?
The Destructive nature of the technology led to higher casualties.
What is happening in the information technology sector of the globalization economy?
Many information technology jobs are shifting from developed countries to the new globalizers.
What is happening is the information technology sector of the global economy?
Many information technology jobs are shifting from developed countries to the new globalizers.
What is happening in the information technology sector of the global economy?
Many information technology jobs are shifting from developed countries to the new globalizers.
What role has technology in India's economic growth?
Technology has revitalized the Indian economy - it was a new industry that could employ many of India's people.
What role technology played in India economic growth?
Technology has revitalized the Indian economy - it was a new industry that could employ many of India's people.
