Why does agriculture need technological progress?

Q: Why is the world growing so rapidly?

A: A distinct group of individuals belonging to a certain group or nation is referred to as a…

Q: What is the impact or effect of values, attitudes and beliefs on technological advancement?

A: Technology is defined as the accumulated knowledge and application of techniques,  skills, methods,…

Q: effects of technology on the economy

A: In economics aspects, it is broadly acknowledged that innovation/technologies is the vital driver of…

Q: Why is productivity important for the economy?

A: Productivity refers to the ratio of quantity of output to quantity of inputs. It describes how…

Q: What will be produced in economic and how it will be produced?

A: The economic questions arise because of the scarcity of resources and the unlimited wants. Economies…

Q: What explains the British industrial revolution?

A: Revolution is referred to as an economic activity that leads to making large variations in the…

Q: Why are people called as the real products of development?

A: Economic growth is a notion that reflects on the aggregate economic aspect of a specific nation and…

Q: Does productivity has direct influence on a nation's living standards?

A: Answer: Productivity: productivity refers to the output produced per unit of input. If there is only…

Q: What are the important forms of production?

A: The concept depicts the way in which businesses tend to take inputs and then convert them into…

Q: What does productivity growth has to do with economics?

A: One of the key sources of economic growth and competitiveness is the term called Productivity due to…

Q: What impact does technological change have on the economy?

A: Economic growth has three main indicators technological advances, capital accumulation, and increase…

Q: What is production management an important activity?

A: Meaning of Microeconomics: The term microeconomics refers to the situation under which the…

Q: Under what circumstances does labor productivity grow?

A: If the quantity of money increases, the value for money decreases. Hence, it will not account for…

Q: How does the division of labor increase productivity?

A: According to Adam Smith Division of labor is the concept where the task is divided in to different…

Q: What is the role of time in research?

A: Nothing is consistent. It would be truly great to freeze everything following a significant occasion…

Q: why industrial revolution didnt happen in Afghanistan

A: Industrial revolution was the process in which there were major changes in the production techniques…

Q: Does improvent in technologies cause higher real wages and lower unemployment rates?

A: The unemployment rates would be the proportion of the unemployed to the total labor force times 100.…

Q: Explain promotion of modern technology?

A: Modern Technology is the usage of high tech machinery and equipment which are up to the mark with…

Q: How are the natural and technological environments linked?

A: Natural environment includes all the living and non-living things that are occurring naturally.…

Q: Write a detailed note on Industrial Revolution

A: A truly pioneering era, the industrial revolution contributed to rapid advancements in the…