How can the use of new technology in industry benefit the US government? The government can purchase materials from anywhere. The government can rely on automation to reduce costs.
How can the use of Technology help the government handle emergencies?
3 4 Technology can help governments handle economic emergencies, such as the reliance on automation. crop and resource shortages. the fall of the unemployment rate. instant sales and communication. B How can the use of new technology in industry benefit workers? Workers can react to economic change quickly.
What can the government do to help the economy?
The government can purchase materials from anywhere. The government can rely on automation to reduce costs. The government can react to economic changes quickly. The government can transport goods around the world. C
How can the government rely on automation to reduce costs?
The government can rely on automation to reduce costs. The government can react to economic changes quickly. The government can transport goods around the world. C The government of country A has determined there is a coal shortage based on mining reports.
What are the advantages of new technology in the manufacturing industry?
New machines allow a factory to produce goods using fewer workers. b. New shipping methods allow a producer to manufacture goods overseas. c. New manufacturing plants open in areas where labor costs are cheaper. d. New education is provided to workers to operate new machinery.
How can the use of new technology in industry benefit the US government?
What is new technology?
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How can the use of new technology and industry benefit consumers?
How can the use of new technology in industry benefit consumers? Consumers have greater access to information. What is one way that technology can improve the distribution of goods? Container ships can transport a number of goods at once.
How can the use of new technology in industry benefits workers?
How can the use of new technology in industry benefit workers? Workers can react to economic change quickly. Workers can identify economic emergencies. Workers can gain new knowledge and skills.
In what ways did new technologies change the US economy?
Innovation makes it possible to produce more output from society's available labor and capital, increasing the productivity of America's workers. Those productivity improvements have led to rising prosperity and living standards, as Chapter 2 discussed.
How have new technologies affected the economy in the US and globally?
Advanced manufacturing technologies have altered long-standing patterns of productivity and employment. Improved air and sea transportation has greatly accelerated the worldwide flow of people and goods. All this has both created and mandated greater interdependence among firms and nations.
What are the 5 advantages of technology in the workplace?
5 Benefits of Technology in the Workplace1) The ability to streamline repetitive processes with automation. ... 2) Overhead cost savings with remote work and BYOD devices. ... 3) Higher employee productivity and satisfaction. ... 4) The ability to better serve customers. ... 5) The opportunity to tap into non-local talent.More items...
How does improved technology help the economy quizlet?
How does improved technology allow the economy to operate more efficiently? It helps to make better use of the nation's limited resources.
How has technology improved the economy?
Thanks to the increased efficiency of labor with the ever-improving state of technology, businesses are able to increase total output, which in turn leads to higher profits and greater economic development.
How does technology help in economic development of a country?
For developing countries, access to technology can have many benefits — one such improvement being the boost of a nation's economy. Other ways that technology is helping economies in developing countries include reducing the costs of production, encouraging the growth of new business and advancing communication.
How did technology impact the growth of the United States?
Advances in technology and greater business efficiency and productivity further expanded the variety of goods and services within their reach. The growing middle class also supported an expansion of higher education. The rise of mass entertainment also occurred during this time.
What effect do new technologies and economic changes tend to have in the United States quizlet?
What effect does new technology usually have on an economy? It makes the economy stronger and more efficient. It reduces the dependence of the economy on business.
How can technology help us in the future?
Technology has seeped into every part of our lives. It has created entire industries and improved the efficiency of pre-existing professions. Manufacturing jobs are increasingly automated. Medical devices and technology are saving more lives.
Why is technological advancement important for economic growth quizlet?
Resources are the inputs used to produce goods and services. Resources are in important factor (but not the only factor) which affects economic growth. Why is technological advancement important for economic growth? It allows us to produce more output while using fewer resources.
How does new technology affect the workplace?
From the industrial age to modern day, technology has improved working conditions. Its impact on the work environment has streamlined tedious and environmentally wasteful processes, expedited access to work while exponentially increasing productivity and made working from anywhere easier than ever.
How has technology improved the workplace?
Thanks to smartphones, chat apps, and industry-specific social networking sites, communication in the workplace has become fast, collaborative, more deliberate, and unified. Technology allows employees to engage in important work even when outside the office, and keep in touch with coworkers, even face-to-face.
How does technology increase employment?
It raises the bar of efficiency, productivity, and safety which is not achievable by humans alone. Also, it will not be for the first time when there will be a shift in employment due to technology. History has been evidence of the fact that technology has been the creator of jobs than the destroyer.
What are the advantages and disadvantages of technology in workplaces?
Advantages and Disadvantages of Technology in Workplace Tabular FormThe work has reduced a lotLess employment opportunities are thereThe work is more accurate and persistenceHuge losses if the technology fails to work properlyOne can even work without going to the officeWhat human can do, a machine can never do5 more rows
How can the use of new technology in industry benefit workers? O ...
Answer: workers can gain new knowledge and skills. Explanation: i put what the girl that first did the answer said it was and i got it wrong so i checked for the right answer and this was it s i wanted to put it on here so no one else can make a mistake
New questions in Computers and Technology - Brainly.com
Find an answer to your question Using information from the lesson, explain how new technologies change your experience as a consumer. Provide your answer in th…
Technology and Economics Flashcards | Quizlet
Study with Quizlet and memorize flashcards containing terms like Match each effect with the correct category. Technology replaces human labor Consumers pay less for goods Unemployment rates may rise Goods cost less to produce, What have instant communication and sales made possible? Check all that apply. Instantaneous purchases from companies around the world can increase sales.
What is technology replacing?
a. Technology is replacing human workers with mechanical or electronic devices.
What is the purpose of new machines?
a. New machines allow a factory to produce goods using fewer workers.
How many hours a day can businesses be available?
2. Businesses can be available for customers 24 hours a day.
Where can the government buy materials?
The government can purchase materials from anywhere .
Why do we take internet classes?
Workers can take Internet classes to gain new skills.
How many hours a day can a company operate?
Improved technology has allowed companies to operate 24 hours a day.
What is economic data?
Economic data is knowledge that can be applied to create solutions.
Can workers react to economic change quickly?
Workers can react to economic change quickly.
Can companies ship goods to customers?
Companies can ship goods to customers in an instant. Businesses can be available for customers 24 hours a day. Customers can purchase goods and services online. Customers can give feedback to producers instantly. Employers can hire workers from all over the world.
How can the use of new technology in industry benefit the US government?
How can the use of new technology in industry benefit the US government? The government can purchase materials from anywhere. The government can rely on automation to reduce costs. The government can react to economic changes quickly. The government can transport goods around the world.
What is new technology?
Normally, a new technology lead to the emergence of new invention, discovery, improvement, innovation etc
