Technology Has Benefited Society in All of the Following Ways

question 9

Multiple Choice

Technology has benefited society in all of the following ways except

• A) increasing production.
• B) reducing the amount of labor needed to produce goods and services.
• C) raising the standard of living.
• D) improving the sustainability of life on Earth.

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Definitions:

Economic Development

The process by which the economic well-being and quality of life of a nation, region, or local community are improved according to targeted goals and objectives.

Foreign Aid

Financial or other forms of help given from one country to another for humanitarian or development purposes.

Free Trade

An economic policy that allows imports and exports between countries with minimal governmental restrictions or tariffs.

Foreign Competition

The presence of competing products or services from other countries in a domestic market.