How does technology affect the economy?

Answer

Technology can have an effect on the economy in several different ways. Initially it may be a financial drain to institute new technology. It can be expensive to adopt new practices which invariably occur with the adoption of new technologies. On the other hand, technology also allows businesses and individuals to process transactions and information more efficiently. 
Q&A Related to "How does technology affect the economy?"
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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How technology affects society depends on your perspective. To some, the advances in medicine has extended our lives and enhanced our quality of life. Advances in communications technology
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1. Evaluate where technology is used in your entire school district, from the youngest student to the oldest. This might take some time, because it requires you to look into every
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cause it do slowy.
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