ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Technology is the making, modification, usage, and knowledge of tools, machines, techniques, crafts, systems, methods of organization, in order to solve a problem, improve a preexisting solution to a problem, achieve a goal or perform a specific function.

Detailed explanation-2: -11. A collection of tools, including machinery, modifications, arrangements and procedures used by humans. In the context of this chapter, technology refers specifically to digital technology, which includes computers, software applications, and Internet technologies.

Detailed explanation-3: -Technology is the use of knowledge to invent new devices or tools.

Detailed explanation-4: -Essentially definitions of technology range from the basic notion of tools, to systems that employ or exploit technologies. Thus, ‘Technology refers to tools and machines that may be used to solve real-world problems’is a simple definition.

Detailed explanation-5: -Technology is the usage and knowledge of tools, techniques, crafts, systems or methods of organization in order to solve a problem or serve some purpose. It is a science of techniques i.e. methods of doing/getting things done related to any art or science or a particular profession.