Technological change has always been the critical factor in raising living standards,even going as far back as the development of the __________.
A) steam engine
B) iPod
C) bicycle
D) fluorescent light
Correct Answer:
Verified
Q9: History suggests that economic competition is the
Q10: Globalization is the exchange of _ among
Q11: A laissez-faire economy has minimal,if any,government regulations
Q12: Technological change is a key force in
Q13: Globalization is the increasing exchange of goods,services,ideas,and
Q15: Governments generally take responsibility for
A) deciding what
Q16: The gross domestic product is calculated by
Q17: Technological change is the only reason for
Q18: Economics is the study of how individuals,businesses,and
Q19: China and India have economically prospered recently
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