A Recent Article States That

question 33

Multiple Choice

A recent article states that "...gains from two centuries of rapid technological innovation are largely exhausted, and new discoveries lack the same revolutionary quality....{Further}, 80 percent of the growth between 1950 and 1993 came from the new application of old ideas, and these old ideas are now mostly wrung dry."
(The Economist, 03/03/2011)
-In neoclassical growth theory, technological change

• A) occurs by chance.
• B) is influenced by population growth.
• C) is influenced by the rate of economic growth.
• D) occurs at a steady rate.

---

Definitions:

Linear Fashion

Refers to processes that proceed in a straight, sequential manner, addressing tasks one after the other.

Organic

Relating to methods or materials that are natural or not synthetic, particularly in agriculture; also refers to content that gains attention without paid promotion.

Steganography

The practice of concealing messages or information within other non-secret text or data.

Medium

Medium refers to a channel or tool used for communication or dissemination of information, such as a digital platform, printed material, or verbal communication.