NUMBER 1:   Statement 1: Significant evolution in the First Industrial revolution includes development of electricity, Internal-combustion engine, Railway, and Chemical industry. Statement 2: Significant evolution in the Second Industrial revolution includes rolling process for making iron, Crompton’s mule for spinning cotton, and Watt steam engine.   a. Statement one is true b. Statement two is true c. Both statements are true d. Both statements are false   NUMBER 2:   Statement 1: Product innovations result in the production of a new product, such as the change from a three-wheel car to a four-wheel car, or the change from LP records to CDs. Statement 2: Process innovations increase the efficiency of the methods of production of existing products, for example the invention of the assembly-line technique.   a. Statement one is false b. Statement two is false c. Both statements are true d. Both statements are false   NUMBER 3: Which of the following is NOT TRUE about productivity?   a. Productivity is an indicator of the efficiency of production or distribution. b. Total output divided by total labor hours in the year gives us a measure of labor productivity. c. The productivity of a whole economy is measured by calculating the total import by the economy in one year. d. Productivity refers to the amount of output that a given amount of inputs can produce

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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NUMBER 1:
 
Statement 1: Significant evolution in the First Industrial revolution includes development of electricity, Internal-combustion engine, Railway, and Chemical industry.
Statement 2: Significant evolution in the Second Industrial revolution includes rolling process for making iron, Crompton’s mule for spinning cotton, and Watt steam engine.
 
a. Statement one is true
b. Statement two is true
c. Both statements are true
d. Both statements are false
 
NUMBER 2:
 
Statement 1: Product innovations result in the production of a new product, such as the change from a three-wheel car to a four-wheel car, or the change from LP records to CDs.
Statement 2: Process innovations increase the efficiency of the methods of production of existing products, for example the invention of the assembly-line technique.
 
a. Statement one is false
b. Statement two is false
c. Both statements are true
d. Both statements are false
 
NUMBER 3: Which of the following is NOT TRUE about productivity?
 
a. Productivity is an indicator of the efficiency of production or distribution.
b. Total output divided by total labor hours in the year gives us a measure of labor productivity.
c. The productivity of a whole economy is measured by calculating the total import by the economy in one year.
d. Productivity refers to the amount of output that a given amount of inputs can produce.
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