By Lowering the Cost to Access Powerful Systems and Software

question 51

True/False

By lowering the cost to access powerful systems and software, barriers to entry also decrease.

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Definitions:

Nationalization

The process by which a government takes ownership and control of private assets or industries, often to ensure public access or control.

Domestic Industries

Refers to the sectors and companies that produce goods and services within a country's borders, contributing to its overall economy.

Technological Advances

Innovations and improvements in technology that enhance productivity, efficiency, or quality.

Capital-Using

Pertaining to processes or technologies that involve an increase in the amount of capital used per unit of output.