Ask Question
HistoryHistory
2 January, 16:20

What is one way to measure technological progress (connecxus)

+1
Answers (1)
  1. 2 January, 17:35
    0
    Total growth minus the increase in capital cost and labor cost. Technological progress is the change in the output due to the advancement in technology that is used. Investment specific technological progress makes the production of goods easier.

    Investment can be made in two aspects. One is in technology and automation and the other is in buildings and structures.

    Mechanization and automation is an example of technological progress and this may lead to increased quantity of output and the labor cost is lessened.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What is one way to measure technological progress (connecxus) ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Adam Smith believed in the Laissez-Faire approach to economic decision making
Answers (1)
What document provided the terms for u. s. intervention in cuba?
Answers (1)
why do you think the U. S slave population continued to grow after the abolition of the transatlantic slave trade in 1807
Answers (1)
Oracle bones found in China indicate which development made by Bronze Age civilizations? A. A written system of language B. Animal domestication practices C. Advanced artwork techniques D. The foundations of Daoism
Answers (2)
Which of the following statements about American settlers who lived in Indian Territory is true? A. They could not live peacefully. B. They could not vote or own land. C. They could not gain more rights. D. They could not support statehood.
Answers (1)
New Questions in History
Describe the evolution of Western culture and nations in the early 19th century. Be sure to focus on at least one major nation or cultural set of kingdoms, and include changing philosophies in politics, economics, and culture as part of your
Answers (1)
Which line would be most appropriate to include when writing for parents? Studies show that children who bully others are unhappy. The definition of bullying is frequent negative attention.
Answers (1)
If a security threat is deemed drastic enough to declare war, which of the following is able to make that declaration? Congress Senate president House of Representatives
Answers (2)
What was one of the accoomplishments of the wareen court
Answers (1)
What does Thoreau learn from living alone in the cabin in the woods? Cite details from the text that support your answer.
Answers (1)
Home » History » What is one way to measure technological progress (connecxus)
Sign Up Forgot Password?