How does Technology Affect the Economy?

Answer

Technology can help progress the economy by creating jobs for many people who need work. Technology also helps us to learn how to help and protect the environment.
Q&A Related to "How does Technology Affect the Economy?"
There are TONS of ways technology affects economy but one is that with technology, people lose their jobs because technology has gotten so good that it replaces people. When there
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There are many ways that war affects the economy. One way is the amount of jobs created by producing the supplies for war and another is the drain financially of paying for it.
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Technology results in higher productivity, and thus higher incomes. Most any significant increase in incomes almost always has a technological contributor. Technological advancement
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The economy as a whole tends to go in cycles of growth and recession. Recessions normally begin when an economy has grown too rapidly. When this occurs, the supply of goods and services
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There are TONS of ways technology affects economy but one is that with technology, people lose their jobs because technology has gotten so good that it replaces ...
Inflation and unemployment affect the economy directly. Inflation rises the prices of products for sale, and unemployment makes it harder to afford these daily ...
Anyone selling black market items takes business away from legitimate businesses and this certainly affects the economy. Taxes are not collected on any black market ...
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