The Increasing Speed of Technological Change Is Associated with Which

question 9

Multiple Choice

The increasing speed of technological change is associated with which of the following external factors?

• A)Economic factors
• B)Environmental factors
• C)Market factors
• D)Competitive factors

---

Definitions:

Largest United States Bank

Refers to the biggest bank in the United States by assets or market capitalization, often a title held by major institutions like JPMorgan Chase or Bank of America.

Factor of Production

Resources used to create goods and services, typically classified into land, labor, capital, and entrepreneurship.

Currency Component

The part of the money supply consisting solely of currency in circulation - notes and coins.

Federal Reserve Notes

Paper currency issued by the Federal Reserve, the central bank of the United States, used as legal tender.