Students also viewed. Sets found in the same folder. The Internet has primarily affected entertainment, rather than politics or the economy. Which statement accurately describes the Internet? Competition between companies has led to new products. In 2015, an online petition started by a New York City construction worker resulted in increased funding of ________. How has technology directly benefited consumers? Become a member and unlock all Study Answers. 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. It is a network of millions of computers connected to each other. The correct options to the given question are A.
The pharmaceutical industry has become less vital to the economy. What are economic resources? Computer usage and Internet usage are seemingly unrelated. Has the relative price of coffee changed? Suppose that the price of soda remains at$1 a can but the price of coffee rises to $3 a cup. 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. Technology leads to improvement in mobility of factors and increases the efficiency. More time may be spent on using technology than on learning. It is a closed system that offers limited access to information. How has technology affected the economy check all that apply to new. It was introduced to and used by consumers beginning in the 1980s. Many employees are able to do their jobs from home. The city council is debating a plan to offer tax breaks to first-time home buyers in order to boost people to become homeowners.
The technology affected the economy in the following ways: (E). Recent flashcard sets. See economics resources examples. Explanation: I did the assignment. Learn about scarce resources economics. The Internet was first used by astronauts on the International Space Station.
A) In words, what will their hypotheses be? It has created brand-new industries. To learn more about the technology, refer to: It has created the ability to purchase goods with the click of a button. Computers and robots can do jobs humans once did.
It has increased employment opportunities. Social media and technology can change the way students think. Therefore, options E and F are correct. Young children have access to technology before they are in school. It spreads entertainment and popular culture through social media. Our experts can answer your tough homework and study a question Ask a question. Check all that apply: A. Economic Resources: In a given economy, firms usually produce goods and services by deploying various factors of production. Social media also can help protest movements when videos and images go "_________. How has technology affected the economy check all that apply for a loan. "
Online education is available only at the college level and not in high school. If she buys 6 cans of soda, what is the maximum number of cups of coffee she can buy in a week? Into the Information Age Flashcards. The following are the benefits of technology in economics: - The advancement of the technology leads to the economic growth, means increasing the GDP. Consumers can purchase goods with the click of a button. It has introduced new products, such as smartphones.
Consumers can buy goods and services on the Internet. Draw Amy's new budget line. What are the benefits of technology in economics? Answer and Explanation: 1. 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. Census data show that the ownership rate in one small city is even lower. Question: Which of the following are economic resources? Try it nowCreate an account. How has technology affected the economy check all that apply to consumer. Technology can make it difficult to create interpersonal connections. It has given access to online banking and electronic pay. 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. As more and more people have used computers, Internet usage has increased. Recommended textbook solutions.
It has increased the production and sale of goods around the world. In 2012, the Gallup Poll reported that only of American families owned their homes, the lowest percentage reported in a decade. Other sets by this creator. Capital, C. Human Capital, D. Land, F. Technology and H. Entrepreneurs. Learn more about this topic: fromChapter 3 / Lesson 8. Terms in this set (13).
Internet usage has declined even as the use of computers has increased. Amy has $12 a week to spend on coffee and soda. Automation has had more of an impact in manufacturing. Automation has been phased out of most factories. Learn about types of resources in economics and how these resources contribute to business success. How has technology affected the economy? Check all that apply. Robots have taken over some jobs in - Brainly.com. The price of coffee is$2 a cup, and soda is $1 a can. Competition to develop new products has had mostly positive effects. The Internet was introduced and first used by consumers during the 1980s. Costs are rising higher and higher for courses offered online. The resources... See full answer below. The Internet was created by the US Department of Defense for military purposes.
Use this information to work Problems 1 and 2. Which statement does this graph support? It was created for the military and later spread to consumers. Many employees work from home using the Internet.
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