Which of the Following Most Accurately States the Importance of Technology

question 103

Multiple Choice

Which of the following most accurately states the importance of technology as a source of economic growth for less-developed countries?

• A) Restraints imposed by the slow advancements in modern technology have severely constrained the growth of less-developed countries.
• B) If modern technology was the only requirement for economic growth, less-developed countries would be growing rapidly.
• C) Most less-developed nations have the necessary complementary factors of production to make good use of modern technology if they could just afford the complex machines.
• D) While modern technology has increased the income levels in less developed countries, it has been unable to improve living standards.

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Definitions:

Generation Y

Refers to the demographic cohort following Generation X, typically born between the early 1980s and the mid-1990s to early 2000s.

Generation Z

Refers to individuals born between 1996 and 2009.

Generation Alpha

Refers to individuals born in 2010 and later.

Latch-Key Kids

Children who return from school to an empty home because their parents or guardians are at work, and thus they are often responsible for their own care for several hours a day.