What is the meaning of the statement "Technology doesn't just get adopted because it works. It gets adopted because people use it and it is made for humans."

Q: Discuss the following statement: “Those who argue that technological progress does not reduce…

A: Employment reflects the state of a person being employed in some work in an organization. It…

Q: How has technology flattened the world in terms of providing economic opportunity?

A: Technology has flattened the world.It has increased economic opportunities around the…

Q: Accumulation of capital and change in technology bring economic growth, which means that the PPF…

A: The Production Possibility Frontier is the locus point of all the different combinations of the two…

Q: How are social factors affecting the new global innovation economy

A: Innovation Economy The innovation economy is that branch of economics that deals with New…

Q: What is the impact or effect of values, attitudes and beliefs on technological advancement?

A: Technology is defined as the accumulated knowledge and application of techniques,  skills, methods,…

Q: Write a synthesis about this, "The Cost of Production"

A: The process of combining a variety of material and immaterial inputs (plans, know-how) to create a…

Q: What are some economic factors driving the new global innovation economy

A: The global economy is made up of all activities that take place both within and between countries.…

Q: What is the impact of the information revolution to your personal life?

A: Information revolution led us to the age of the internet where optical networks of communication…

Q: In no fewer than 350 words, Why is technical writing important in our everyday lives?

A: Technical writing is written to educate, instruct, or lead someone on how to do a task.

Q: Question 20: Growing beyond the communal norms of space, family and work, today’s digital society…

A: Money is very important to power today's digital society. With the help of money,digital society…

Q: Do you see the rise of consumer power through evolving changes in technology? If so, how?

A: Technology is all that make things quicker, easier or cheaper. The rise in the technology leads to a…

Q: People in the 21st century and those who lived in the 20th century may be compared through their use…

A: 20th century started from 1 st January 1901 and ends at 31st December 2000. While , 21st century…

Q: How did computers and communications impact the global economy?

A: Answer -   Global Economy:- It is addition of the all the domestic economy is termed as the global…

Q: In which sector (s) or industries does United Kingdom specialises in?

A: A group of suppliers or companies who create a certain type of product or service is referred to as…

Q: How does entrepreneurship contribute to a country's economy and society

A: The role of entrepreneurship is very important for every country.

Q: Better sanitation and nutrition generally resulted from the a) The Global Revolution b) The…

A: A revolution that helps to reduce the diseases, mortality rate, reduces the infections by providing…

Q: what is the meaning of good life?Do people really need technology in their lives? Is it really a…

A: Technology: It refers to the innovation done in an economy at various intervals of time. The more…

Q: Write about some of the non-obvious or surprising connections or phenomena of how digital culture…

A: A digital culture is a term that outlines how technology and the internet are influencing our human…

Q: How have changes in technology contributed to the globalization of markets and production?

A: Globalization refers to the openness of economies to make an exchange of economic goods, cultural…

Q: Once people could only trade what they could produce with their hands or find in nature for things…

A: The three fundamental problems of any individual or economy is wants are unlimited, resources to…

Q: Which countries will likely be growing faster: cutting-edge countries or catching- up countries?…

A: Catch-up effect occurs when poor countries tend to grow more faster than rich countries. The small…

Q: Discuss the importance of Asia in global business.

A: Answer: Importance of Asia in global business. The most populated market of the world is located in…

Q: Once people could only trade what they could produce with their hands or find in nature for things…

A: Consumers make consumption decisions and buy goods and services. Producers decide how much to…

Q: Reading Comprehension Producers and consumers Once people could only trade what they could produce…

A: Giving subsidies to smaller, local suppliers is one of the regulations that may help to reduce the…

Q: What is the impact of new technology?

A: The economy of a country will grow faster when positive changes in the economy occur. It can be…

Q: Who gave the concept of Capability Approach?

A: Capability Approach is basically known as Sen's Capability Approach.

Q: Explain what the Industrial Revolution was and where it began.

A: There are different sectors in an economy. These are agricultural sector, manufacturing sector and…

Q: Why is technical writing vital in our everyday lives?

A: Technical writing is written to educate, instruct, or lead someone on how to do a task.

Q: Some less-developed nations are unable to devote resources to various research and development…

A: Economic growth: Financial development is an expansion in the creation of monetary merchandise and…

Q: How do you think the U.S. economy will change as we move closer to a technology-driven service…

A: U.S economy is allready at a development stage.It is a developed country.It has become master in…

Q: Explain the concept of the invisible hand that was created by Adam Smith.

A: Demand: - Demand is the relationship between the quantity demanded and the price of a good. There is…

Q: What is sustainable development? Briefly explain the steps taken to achieve sustainable development.

A: Sustainable development is the organizing principle for meeting human development goals while at the…

Q: What is an example of how the real (physical) and digital (virtual) worlds are converging?

A: The proliferation of interconnected Smartphone, tablet computers, sensors, special identification…

Q: What are the five groups on the diffusion of innovationcurve?

A: Innovation curve represents the relationship between the rate at which a new technology is adopted…

Q: How can intellectual property rights help spur innovation?

A: Intellectual property is the muse of innovation in our economy. Government-granted rights…

Q: Pc = price of a pies £ per kilo (£2 per kilo) Ps = price of pear (£2 per kilo)

A: Qn=10-Pn+0.2Y+0.5Pc-2Ps+0.2AQn=Annual sales of applePn=1 EuroY = 10 EuroPc=2 EuroPs=2 EuroA = 5 Euro

Q: How are social factors affected by the new global innovation economy

A: The most recent buzzword is innovation. Many individuals have high aspirations for technological,…

Q: Philippines that can be qualified as a Global City

A: Yes , there is Manila that can become a global city in Philippines . In the recent years, Metro…

Q: If Adam Smith were alive today and looking at our economy what conclusions would be the…

A: I think mày be Smith would be interested in our technological chànge because of how big it is…

Q: Why do you think technology is important in your studies?

A: Answer to the question is as follows:

Q: Define Technology?

A: Technology means developing machinery and equipment from the application of scientific knowledge. In…

Q: How did you get P* and Q*? What is the solution?

A: Equilibrium in the market occurs at such a price where demand is equal to supply.

Q: xamples can you think if it were in the Philippine setting?

A: The process which tends to examine how people prefer making choices under conditions of scarcity and…

Q: Global outsourcing, is it inevitable like new technology? The robot with artificial intelligence…

A: Answer -