Technology and Economics

Question 1

How can the use of new technology in industry benefit workers?

Revolt · Accepted Answer

Workers can gain new knowledge and skills.

Question 2

Technology can help governments handle economic emergencies, such as

Revolt · Accepted Answer

crop and resource shortages.

Question 3

How does the use of new technology in industry benefit producers more so than consumers?

Revolt · Accepted Answer

Producers can quickly transport global goods.

Question 4

The government of country A has determined there is a coal shortage based on mining reports. As a result of these data, the government decreases coal exports to other nations. Access to information helped country A

Revolt · Accepted Answer

allocate resources.

Question 5

How can the use of new technology in industry benefit the US government?

Revolt · Accepted Answer

The government can react to economic changes quickly.

Question 6

Producers can generate instant sales by using

Revolt · Accepted Answer

websites.

Question 7

What is the best definition of automation?

Revolt · Accepted Answer

the use of robotic equipment in a manufacturing process

Question 8

What is the best definition of economic data?

Revolt · Accepted Answer

Economic data is information used for calculation, analysis, or planning.

Question 9

What is one way that technology can improve the distribution of goods?

Revolt · Accepted Answer

Container ships can transport a number of goods at once.

Question 10

Economic patternsEconomic peaksEconomic theories

Revolt · Accepted Answer

Economic patterns

Technology and Economics Answers

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