The Modern View of Technological Advance Is That It

question 224

Multiple Choice

The modern view of technological advance is that it

• A)is the result of random lucky events unrelated to the economic system.
• B)requires government R&D spending to keep it going.
• C)arises from intense rivalry among individuals and firms within the capitalist system.
• D)is a force that is external to the economy, to which the economy adjusts.

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Definitions:

Carbon

A chemical element with symbol C, found in various forms like diamond, graphite, and as a constituent of carbon dioxide, essential for life on Earth.

Electron Configuration

The positioning of electrons in the atomic or molecular orbitals pertaining to an atom or a molecule.

Arsenic

A chemical element with symbol As, known for its various allotropes and toxic compounds, used in semiconductors, pesticides, and historically as a poison.

Electron Configuration

The distribution of electrons of an atom or molecule (or other physical structure) in atomic or molecular orbitals.