Podcast
Questions and Answers
What drives us to create technologies?
What drives us to create technologies?
- The need to do things efficiently and our curiosity (correct)
- Government regulations
- Economic instability
- Lack of resources
What is the result of various changes in technology?
What is the result of various changes in technology?
- No change in the productivity of labor
- A shift in the focus of production
- An increase in the productivity of labor, capital, and other production factors (correct)
- A decrease in the productivity of labor
What is the ultimate goal of technology according to the text?
What is the ultimate goal of technology according to the text?
- To reduce the cost of production
- To improve the technical know-how
- To create new goods and techniques
- To wrest power from nature in all possible ways (correct)
What is technological progress comprised of?
What is technological progress comprised of?
What is a prerequisite for technological change according to Prof. Frankel?
What is a prerequisite for technological change according to Prof. Frankel?
What is technology, according to J.P. Dewhurst?
What is technology, according to J.P. Dewhurst?
What is the outcome of technological changes in the production process?
What is the outcome of technological changes in the production process?
What is the result of the growth of new techniques?
What is the result of the growth of new techniques?
What is the primary focus of technological change?
What is the primary focus of technological change?
What is the relationship between technological change and sociological change according to Prof. Frankel?
What is the relationship between technological change and sociological change according to Prof. Frankel?