In the long run, an economy needs applied research geared toward specific products more than it needs basic research, which is not motivated by or directed toward manufacturing.

Question

Quizplus · Accepted Answer

Basic research is often the foundation for applied research and can lead to unexpected breakthroughs and new technological advances that benefit multiple industries. Basic research is also necessary for training and developing new scientists and researchers who will contribute to the economy through their knowledge and discoveries. While applied research is important for developing specific products, basic research should not be undervalued or overlooked.

In the Long Run, an Economy Needs Applied Research Geared