Costs are rising higher and higher for courses offered online. How has technology directly benefited consumers? Use this information to work Problems 1 and 2. Census data show that the ownership rate in one small city is even lower. Online education is available only at the college level and not in high school. Social media also can help protest movements when videos and images go "_________. " As more and more people have used computers, Internet usage has increased. What are economic resources? How has technology affected the economy check all that apply to the same. Technology leads to improvement in mobility of factors and increases the efficiency. In 2015, an online petition started by a New York City construction worker resulted in increased funding of ________. Social media and technology can change the way students think.
Try it nowCreate an account. In 2012, the Gallup Poll reported that only of American families owned their homes, the lowest percentage reported in a decade. Recommended textbook solutions. How has technology affected the economy check all that apply these terms to your program. Since this plan costs the city tax revenues, they will continue to use it only if there is strong evidence that the rate of home ownership is increasing. The pharmaceutical industry has become less vital to the economy.
Question: Which of the following are economic resources? The Internet has primarily affected entertainment, rather than politics or the economy. Draw Amy's new budget line. Learn about scarce resources economics. It is a network of millions of computers connected to each other. The Internet was created by the US Department of Defense for military purposes.
They choose to adopt the plan on a 2-year trial basis and use the data they collect to make a decision about continuing the tax breaks. Computer usage and Internet usage are seemingly unrelated. The resources... See full answer below. The price of such goods and services is usually the equilibrium price which is determined by taking an intersection of the demand curve and supply curve. The Internet was first used by astronauts on the International Space Station. It was introduced to and used by consumers beginning in the 1980s. The Internet was introduced and first used by consumers during the 1980s. What are the benefits of technology in economics? A) In words, what will their hypotheses be? It is a closed system that offers limited access to information. More time may be spent on using technology than on learning. Into the Information Age Flashcards. Students also viewed. Young children have access to technology before they are in school.
See economics resources examples. Check all that apply: A. Therefore, options E and F are correct. It has increased the production and sale of goods around the world. Become a member and unlock all Study Answers. It spreads entertainment and popular culture through social media. Computers and robots can do jobs humans once did. The technology affected the economy in the following ways: (E).
The price of coffee is$2 a cup, and soda is $1 a can. Economic Resources: In a given economy, firms usually produce goods and services by deploying various factors of production. Answer and Explanation: 1. Which statement does this graph support? What are some ways technology has affected the economy? Check all that apply. Automation has been phased - Brainly.com. Technology can make it difficult to create interpersonal connections. Which statement accurately describes the Internet? It has created the ability to purchase goods with the click of a button.
Usage of the Internet has outmatched the adoption of computers. Competition between companies has led to new products. If she buys 6 cans of soda, what is the maximum number of cups of coffee she can buy in a week? Learn about types of resources in economics and how these resources contribute to business success. Terms in this set (13).
Our experts can answer your tough homework and study a question Ask a question. Many employees are able to do their jobs from home. Learn more about this topic: fromChapter 3 / Lesson 8. Internet usage has declined even as the use of computers has increased. Automation has had more of an impact in manufacturing. It has increased employment opportunities. Other sets by this creator. How has technology affected the economy? Check all that apply. Robots have taken over some jobs in - Brainly.com. Sets found in the same folder. Recent flashcard sets. To learn more about the technology, refer to:
Capital, C. Human Capital, D. Land, F. Technology and H. Entrepreneurs. The city council is debating a plan to offer tax breaks to first-time home buyers in order to boost people to become homeowners. It has given access to online banking and electronic pay. It has introduced new products, such as smartphones. How has technology affected the economy check all that apply today. Has the relative price of coffee changed? Automation has been phased out of most factories. Consumers can buy goods and services on the Internet. It has created brand-new industries.
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