The Modern View of Technological Advance Is That It

question 36

Multiple Choice

The modern view of technological advance is that it

• A) is rooted in the independent advance of science, an element largely external to the market system.
• B) is rarely carried out by oligopolists or pure monopolists.
• C) is an internal element of capitalism, occurring in response to profit incentives.
• D) necessarily destroys existing monopoly power.

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Definitions:

Theory

Set of assumptions about the likely causes of abnormality and appropriate treatments.

Phenomenon

An observable fact or event, often remarkable or unusual in nature, studied in various scientific fields.

Framework

A basic structure underlying a system, concept, or text that guides its development and analysis.

Benzodiazapines

A class of drugs primarily used for treating anxiety, insomnia, and several other conditions, known for their sedative effects.