The Examples in the Text of the Changes That Occurred

question 16

Multiple Choice

The examples in the text of the changes that occurred with the invention of the automobile and the computer clearly demonstrate that technology:

• A) exerts a limited influence on some areas of social life.
• B) brings families closer together.
• C) is always beneficial with few negative effects on people.
• D) exerts a powerful influence on social life.
• E) is merely an important tool for people.

---

Definitions:

Market Values

The existing selling or buying price for assets or services in the marketplace.

Discounted Payback

A capital budgeting method that calculates the time required to break even on an investment, considering the present value of future cash flows.

Payback

The period of time required to recover the cost of an investment.

Liquidity

The simplicity of transforming an asset or security into immediate cash without impacting its market value.