It would be economists that typically predict trends in industry based on patterns.
When the US government becomes aware of economic?
When the US government becomes aware of economic changes, the discovery is most likely to influence how the nation allocates resources.
When the US government becomes aware of economic changes discovery is most likely to influence?
The discovery of economic changes by the US government is most likely to influence how the nation allocates resources. Access to information is one of the aid that can greatly help allocates resources which is made possible because of the technology that benefits the US government to react to economic changes quickly.
How can the use of new technology in industry benefit producers quizlet?
How can the use of new technology in industry benefit producers? Producers can transport goods around the world. will continue to rise.
What is one way that technology can improve the distribution of goods quizlet?
What is one way that technology can improve the distribution of goods? Workers can take Internet classes to gain new skills. Automation can create goods more cheaply and easily. Container ships can transport a number of goods at once.
How can the government reduce the wealth gap in a mixed market economy?
How can the government reduce the wealth gap in a mixed market economy? The government can control income levels by placing limits on how much citizens can earn. The government can eliminate minimum wages for workers to account for economic differences.
How can the use of new technology in industry benefit customers?
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 benefit procedures?
New technologies benefit workers in gaining new knowledge and skills to operate machines and to produce well in extensive. Knowledge and skills can be used in adjustments of machine, operating, repairing and assembling.
What us one way that technology can improve the distribution of goods?
What is one way that technology can improve the distribution of goods? Automation can create goods more cheaply and easily. Businesses can hire factory workers across the world. Container ships can transport a number of goods at once.
Which technological improvement did the assembly line bring?
The technological improvement that the assembly line brought a) greater productivity. An assembly line is “a manufacturing process in which parts are added as the semi-finished assembly moves from workstation to work station where the parts are added in sequence until the final assembly is produced.”
Which statement best describes the impact of scarcity?
Answer Expert Verified. The best way to describe the impact of scarcity would be when consumers must pay for higher prices for many items. This is a situation where there are unlimited wants have fully exceeded all of the limited resources.
What is the best definition of automation technology and economics?
What is the best definition of automation? The use of robotic equipment in a manufacturing process. The application of scientific knowledge to find answers and fix problems. The use of resources to manufacture goods more efficiently. the hiring of workers from all over the world to manufacture goods.
What is the best description of technology quizlet?
Technology is the way / humans extend their abilities / through their environment to meet wants and needs. Technology is an action that involves a detailed progression called the Technological Design Process. Technology is also sometimes defined as human innovation in action.
What is the best description of technology?
The best definition of technology is the study and transformation of techniques, tools, and machines created by humans. Technology allows humans to study and evolve the physical elements that are present in their lives.
