ECONOMICS
PRODUCTIVITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Technology. Sum total of knowledge and information that society has acquired concerning the use of resources to produce goods and services.
Detailed explanation-2: -Technology is a term dating back to the early 17th century that meant ‘systematic treatment’ (from Greek , from ‘art, craft’ and-, ‘study, knowledge’).
Detailed explanation-3: -Technological determinism is a reductionist theory that assumes that a society’s technology progresses by following its own internal logic of efficiency, while determining the development of the social structure and cultural values.
Detailed explanation-4: -Definition“Technology is the use of knowledge, skills and resources to meet people’sneeds and wants by developing practical solutions to problems, and taking socialand environmental factors into consideration. ‘’Technology has existed throughout history.