Technical Change Which Results in a Change in the Production

question 67

Multiple Choice

Technical change which results in a change in the production process is known as

• A) disembodied technical change.
• B) embodied technical change.
• C) per-capita technical change.
• D) technical catch-up.

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Definitions:

Distinct

Clearly different or distinguishable in nature, significance, or characteristics.

Data and Information

Data refers to raw, unprocessed facts, while information is data that has been processed in a way that is meaningful to the user.

IT Security

The practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks and unauthorized access.

Organization

An arranged group of people with a particular purpose, such as a business, government department, charity, or club.