Which of the following best defines technological knowledge?
A)It is the same as human capital.
B)It is available information on how to produce things.
C)It is the resources expended transmitting society's understanding to the labour force.
D)It is knowledge about new, unexploited natural resources.

Question

Quizplus · Accepted Answer

Technological knowledge refers to the available information on how to produce things, such as processes, techniques, and methods used to create goods and services. It encompasses both scientific knowledge and practical experience. It is distinct from human capital, which refers to the skills and abilities of individuals, and is not related to natural resources. The transmission of technological knowledge to the labor force also involves resources expenditure, but it is not the main focus of technological knowledge.

Which of the Following Best Defines Technological Knowledge