Technology and economic growth

Question 1

Fill in the missing word:
Technology has a direct ____ on economic growth when it leads to a greater number and range of ____ and ____ being produced.

Answer 1

Impact, goods and services.

Question 2

What will happen when the level of production increases through the use of technology?

Answer 2

It will lead directly to economic growth.

Question 3

What does economic growth usually lead to?

Answer 3

Economic growth usually leads to a decrease in unemployment, a reduction in poverty and increase in the average standard of living.

Question 4

Fill in the missing word:

Technology can lead to an _____ in the standard of living in a country and can ____unemployment.

Answer 4

Increase and reduce.

Question 5

What can technology sometimes result to in the environment.

Answer 5

Technology can result in an increased pollution that also has a negative effect on the environment & peoples standard of living.

Question 6

Does technology create jobs for people with a low or high level of skill?

Answer 6

High level of skill.