In Economics, Technology Only Refers to the Development of New

question 6

True/False

In economics, technology only refers to the development of new products.

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Definitions:

Adoption Studies

Adoption studies are research methods in psychology and genetics that compare biologically related individuals raised apart from their biological families to those raised within them, to understand the influence of environment and genetics.

Genetic Engineering

The manipulation of an organism's genes using biotechnology to create desired phenotypes or to eliminate undesired traits.

Psychological Disorder

A term that identifies mental health conditions marked by alterations in thinking, mood, or behavior associated with distress or impaired functioning.

Genetic Factors

Elements of an organism's genetic makeup that influence its characteristics, traits, and susceptibility to certain conditions or diseases.