Name Three Technological Revolutions That Reorganized Societal Production and Resulted

question 13

Essay

Name three technological revolutions that reorganized societal production and resulted in broad changes to many other dimensions of social life.

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Definitions:

Redeemed

Refers to the buyback or repayment of a security such as a bond at its maturity date.

Premium

An amount paid in addition to the standard or nominal cost, often associated with insurance or the additional amount above the par value for securities.

IFRS Accounting

The practice of maintaining financial records and reporting financial results in accordance with the International Financial Reporting Standards.

U.S.GAAP

U.S.GAAP (United States Generally Accepted Accounting Principles) comprises a broad set of accounting standards developed by the Financial Accounting Standards Board (FASB) used for preparing financial statements in the U.S.