Technology and Economics Answers

17 verified answers3 views
21
Free Preview

What are the benefits of instant communication and sales for consumers? Choose three answers.

A
Companies can ship goods to customers in an instant.
B
Businesses can be available for customers 24 hours a day.
C
Customers can purchase goods and services online.
D
Customers can give feedback to producers instantly.
E
Employers can hire workers from all over the world.
22
Free Preview

What is the best definition of technology?

A
Technology is replacing human workers with mechanical or electronic devices.
B
Technology is applying scientific knowledge to find answers and fix problems.
C
Technology is using fewer resources to manufacture goods more efficiently.
D
Technology is hiring workers from all over the world to manufacture goods.
23

One consequence of automation is that producers need fewer

A
customers.
B
machines.
C
materials.
D
workers.
24

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

A
Workers can react to economic change quickly.
B
Workers can identify economic emergencies.
C
Workers can gain new knowledge and skills.
D
Workers can make economic forecasts.
25

Producers can generate instant sales by using

A
devices.
B
forecasts.
C
patterns.
D
websites.

Did you find these answers helpful?