Positive Externalities of Technological Change Result From

question 109

Multiple Choice

Positive externalities of technological change result from:

• A)capital accumulation.
• B)the common knowledge embodied in many technologies.
• C)patents.
• D)increasing returns to scale.

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Definitions:

Popular Culture

Or mass culture, is culture consumed by all classes.

All Classes

Refers to all the social groups or strata within a society, encompassing a broad spectrum of socioeconomic positions from the wealthiest to the poorest.

Countercultures

Social groups that reject mainstream cultural norms and values, often advocating for alternative lifestyles and social reforms.

Social Structure

The organized pattern of social relationships and institutions that together constitute society, shaping individuals' roles and interactions.