The View That There Is a Fixed Sequence to Technological

question 18

Multiple Choice

The view that there is a fixed sequence to technological development and therefore a necessary path over which technologically developing societies must travel.

• A) Technological pessimism
• B) Technological optimism
• C) Social Constructivism
• D) None of the above

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, commonly used in finance to assess the volatility of an investment.

Single-index Model

A model of stock returns that decomposes influences on returns into a systematic factor, as measured by the return on a broad market index, and firm-specific factors.

Systematic Component

The part of an investment’s return or risk that is attributable to broad market factors affecting all investments to some degree.