Technology-Based Advancements and Progress in the Applied Sciences That Help

question 5

Multiple Choice

Technology-based advancements and progress in the applied sciences that help achieve a practical purpose is part of a firm's

• A) social environment.
• B) political environment.
• C) economic environment.
• D) technological environment.

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Definitions:

Income Groups

Categories of people classified by their level of income.

Size Of Government

The scope and scale of government activities, including spending, taxation, and regulation, often debated in terms of its impact on the economy and society.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often measured as the percentage increase in real gross domestic product (GDP).

Living Standards

The level of wealth, comfort, material goods, and necessities available to a person or community.