Examlex
The notion of practical intelligence is associated with:
Technological Change
The process of invention, innovation, and diffusion of technology or processes which significantly alters the way goods or services are produced.
Productivity
A measure of the efficiency of production, often quantified as the ratio of outputs produced to inputs used in the production process over a defined period of time.
American Economy
The economic system of the United States, characterized by a mix of private and public enterprises and a relatively high level of technological innovation and productivity.
Savings Rate
The Savings Rate is a measure indicating the proportion of income that households save rather than spend on consumption.
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