In Economics, Technology Only Refers to the Development of New

question 6

True/False

In economics, technology only refers to the development of new products.

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Definitions:

Lifetime

The duration of a person's existence from birth to death.

Neolocal

Pertains to the sociological pattern in which newly married couples establish their residence separately from their families of origin.

Patrilocal

A marital residence pattern in which couples live with or near the husband's parents, often associated with patriarchal societies.

Married

Married refers to the state of being united to someone in a legal or recognized social bond, typically as a spouse in a consensual and contractual relationship.