_____ Refer to the Costs (Or Benefits)of Technological Innovations That

question 28

Multiple Choice

_____ refer to the costs (or benefits) of technological innovations that are borne by individuals other than those responsible for creating them.

• A) Externalities
• B) Innovation funnels
• C) Opportunity costs
• D) Cultural lags

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Definitions:

Breaks

Periods of time allocated during work or other activities for rest or recreation.

Market Revolution

The Market Revolution was a period of radical changes in the United States economy in the 19th century, characterized by the expansion of markets, innovations in transportation and communication, and shifts in labor practices.

Transportation

The movement of people or goods from one place to another using various modes such as vehicles, trains, ships, or airplanes.

Communication

The process of exchanging information, ideas, feelings, and messages between individuals or groups, through various modes such as speech, writing, or signals.