Improvements in Technology Are Considered a Demand Factor in Economic

question 140

True/False

Improvements in technology are considered a demand factor in economic growth.

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Definitions:

Values

Fundamental beliefs or ideals shared by the members of a culture about what is good or bad and desirable or undesirable.

Cultural Evolution

The process whereby cultures develop and propagate according to systems of belief or behavior that contribute to the success of a society.

Biological Evolution

The process through which species of organisms undergo change over time through variation, reproduction, and natural selection, leading to the emergence of new species.

Faster

Relates to speed; being quicker in movement, action, or progress as compared to another reference point or unit.