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The Internet was created by the US Department of Defense for military purposes. 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. Many employees are able to do their jobs from home. The technology affected the economy in the following ways: (E). How has technology affected the economy? Check all that apply. Robots have taken over some jobs in - Brainly.com. The Internet has primarily affected entertainment, rather than politics or the economy. Learn about types of resources in economics and how these resources contribute to business success. Internet usage has declined even as the use of computers has increased. The Internet was first used by astronauts on the International Space Station. Question: Which of the following are economic resources? Many employees work from home using the Internet.
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Costs are rising higher and higher for courses offered online. See economics resources examples. Census data show that the ownership rate in one small city is even lower.
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It spreads entertainment and popular culture through social media. Competition between companies has led to new products. It was introduced to and used by consumers beginning in the 1980s. Consumers can buy goods and services on the Internet. What are economic resources? Try it nowCreate an account. How has technology affected the economy check all that apply for credit. Our experts can answer your tough homework and study a question Ask a question. Usage of the Internet has outmatched the adoption of computers. Therefore, options E and F are correct. In 2015, an online petition started by a New York City construction worker resulted in increased funding of ________. Economic Resources: In a given economy, firms usually produce goods and services by deploying various factors of production.
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The Internet was introduced and first used by consumers during the 1980s. The following are the benefits of technology in economics: - The advancement of the technology leads to the economic growth, means increasing the GDP. 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. It was created for the military and later spread to consumers. Explanation: I did the assignment. Computers and robots can do jobs humans once did. In 2012, the Gallup Poll reported that only of American families owned their homes, the lowest percentage reported in a decade. How has technology affected the economy check all that apply these terms to your program. Use this information to work Problems 1 and 2. Automation has had more of an impact in manufacturing. Online education is available only at the college level and not in high school.
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Learn about scarce resources economics. More time may be spent on using technology than on learning. It has increased employment opportunities. Automation has been phased out of most factories. If she buys 6 cans of soda, what is the maximum number of cups of coffee she can buy in a week? Young children have access to technology before they are in school. How has technology affected the economy check all that apply to state. Social media also can help protest movements when videos and images go "_________. "
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Check all that apply: A. The price of coffee is$2 a cup, and soda is $1 a can. Amy has $12 a week to spend on coffee and soda. It has created the ability to purchase goods with the click of a button. Consumers can purchase goods with the click of a button.
Computer usage and Internet usage are seemingly unrelated. Learn more about this topic: fromChapter 3 / Lesson 8. Suppose that the price of soda remains at$1 a can but the price of coffee rises to $3 a cup. It is a network of millions of computers connected to each other. Recent flashcard sets. Sets found in the same folder. Which of the following are economic resources? Check all that apply: A. Labor B. Capital C. Human Capital D. Land E. Consumers F. Technology G. Money H. Entrepreneurs | Homework.Study.com. Other sets by this creator. To learn more about the technology, refer to: The pharmaceutical industry has become less vital to the economy. Has the relative price of coffee changed?