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Answer in detail.
The technology plays an important role in the development of an economy. How?
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- Draw a graph of "catch-up" displaying low saving rates, low levels of health, and low levels of education in a country.What do economists mean when they refer to improvements in technology?Draw a graph of "catch-up" that shows where you would expect to see a country with low saving rates and low levels of health and education. How would you expect real GDP per capita to grow in a country like this?
- important role of science and technology in economyDraw a graph of "catch-up" that shows where you would expect to see a country with low saving rates and low levels of health and education. How would you expect real GDP per capita to grow in a country like this? Explain your answer.how money contributes to economic growth and\or development? If there is no money will society find a way to exchange goods and services without it? Explain.
- Why is the economy a significant driver of development? How does this happen?Question: Who wrote the book 'Planned Economy for India'?(A) M. Visvesvaraya(B) Pt. Jawahar Lal Nehru(C) Mahatma Gandhi(D) Man Mohan SinghPlease Dont use AI tool.Explain how the economic principles guides economic growth and productivity?
