The Impact of Technological Advancements Quiz

Minimal impact on the economy

Rapid obsolescence of existing technology (correct)

Stagnation in research and development

Decreased demand for new products

Creating new job opportunities while eliminating others (correct)

Leading to universal unemployment

Increasing job security for all professions

Having no significant impact on employment

Stagnation in technological development

Decrease in global environmental impact

Increase in consumer spending power

Loss of competitive edge in the market (correct)

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