Question

WHAT IS TECHNOLOGY? EXPLAIN WHY TRADE RESULTS IN ECONOMIES BEING MORE PRODUCTIVE?

WHAT IS TECHNOLOGY? EXPLAIN WHY TRADE RESULTS IN ECONOMIES BEING MORE PRODUCTIVE?


Homework Answers

Answer #1

Technology is anything to do better act , easier and make cheaper. technology difination is a wider term.

technology is everything like as computer, machines which is usable for human being.

technology assist to economy of any country. By using technology its create economic growth of the country.

In moderisation, technology is an important factor to conduct any trade in effective and efficeint manner.

Technology and time factor both are crucial term for any trade.

By adoption of new way of conduct trade in efficient and effective manner. any trade can boost their profit maximastion.

Every Enterprise wants to update with respect to time and technology.

By adopting of new way of technology, any trade can acheieve their goal.

trade can run in efficeint manner. lean system is also a method to reduce cost per unit of any trade.

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