During the 1950s, technology significantly contributed to economic growth through advancements in manufacturing processes, such as automation and assembly line techniques, which increased productivity and efficiency. The rise of consumer electronics and household appliances also stimulated demand, leading to expanded production and job creation. Additionally, innovations in transportation and communication, like the widespread use of the automobile and the development of television, facilitated trade and improved access to markets, further driving economic expansion. Overall, technological advancements during this era laid the groundwork for sustained economic growth in subsequent decades.
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traditional lifestyle
New York
One factor that did not contribute to the post-World War II economic boom in the U.S. was the decline of manufacturing industries. While sectors like consumer goods, housing, and technology thrived, many traditional manufacturing jobs faced challenges due to automation and international competition. This decline in certain manufacturing areas contrasted sharply with the overall economic growth driven by increased consumer spending and government investment.
it experienced sustained economic growth
There are only three factors that constitute and contribute to economic growth: Labor, Capital, Technology.
One factor that did not contribute to the growth of the South's population during the 1970s was economic growth. While economic growth can often attract people to an area and contribute to population growth, the South experienced slower economic growth compared to other regions during this time period. Factors such as increasing job opportunities and favorable business conditions were not as prominent in the South during the 1970s, which limited its population growth.
AnswerRole of information communication technology in Indian economic growth?AnswerRole of information communication technology in Indian economic growth?
Entrepreneurship in economics refers to individuals starting and running businesses. Examples include creating a new product, service, or technology. These ventures contribute to economic growth by creating jobs, generating income, and driving innovation.
I am sorry but we can't answer because we don't know what your list is concerning economic growth.
yes
Technology contributes to the growth and development of the economy by increasing productivity, creating new industries and jobs, improving efficiency in business operations, and facilitating global trade and communication. Additionally, technology enables innovation and the development of new products and services, which can drive economic growth and competitiveness.
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Business enterprises contribute to economic growth by providing employment opportunities. This allows for more financial success and more money to flow into the economy.
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Business enterprises contribute to economic growth by providing employment opportunities. This allows for more financial success and more money to flow into the economy.
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