Explain How Advances in Technology Are Critical to Sustaining Economic

question 228

Essay

Explain how advances in technology are critical to sustaining economic growth,even if capital per hour worked is consistently increasing.Provide a graph of a per-worker production function to illustrate how increases in capital per hour worked,without advances in technology,are not enough to sustain economic growth.

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Definitions:

Gloria Steinem

An American feminist, journalist, and social political activist who became nationally recognized as a leader of, and media spokeswoman for, the feminist movement in the late 1960s and early 1970s.

Conference Participants

Individuals who attend a conference, which is a formal meeting for discussion, usually among experts in a given field.

Forego

To go without something or to refrain from something; often confused with "forgo," which has the same meaning.

Newspaper Articles

Written material that is published in newspapers, providing information on current events, features, and editorials.