What Is the Difference Between Technology and Technological Change

question 233

Multiple Choice

What is the difference between technology and technological change?

• A) Technology refers to the processes used by a firm to transform inputs into output, while technological change is a change in a firm's ability to produce a given level of output with a given quantity of inputs.
• B) Technology is carried out by firms producing physical goods, but technological change is an intellectual exercise in seeking ways to improve production.
• C) Technology is product centred, that is, developing new products with our limited resources, while technological change is process centred in that it focuses on developing new production techniques.
• D) Technology involves the use of capital equipment, while technological change requires the use of brain power.

Appreciate the complexities and contradictions of the Prohibition era, including its causes and consequences on American society.

Investigate the influence of international events and movements on American domestic policies and social attitudes during the 1920s.

Understand the influence of peer groups and schooling on children in the 1920s.

Recognize the impact of immigration policies and quotas in the 1920s on societal demographics.

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Definitions:

Cross-cultural Communication

The process of recognizing and understanding the differences and similarities in communication across various cultures to effectively communicate.

Symbolic Gestures

Symbolic gestures are actions performed to convey particular intentions or meanings without using words, often carrying significant symbolic value in social or cultural contexts.

Canadian Company

A business entity registered, operating, or headquartered in Canada, subject to Canadian business laws and regulations.

German Firm

A business or company that is registered, operates, or has its origins in Germany, adhering to the country's regulatory standards and cultural practices.