Technological progress is mostly for the development of standard of living and also to increase the productivity to help the people to satisfy there wants and needs in a better way. Technological progress always have a negative effect on natural resources and environment rather than positive effects. Pollution, disturbances in ecology and depletion of natural resources all these are mostly influenced by technological progress.
Technological advancements in recent years increase the industrialization thus increasing in consumption of natural resources are making them scarce. Pollution is increasing due to lack of control over technological mismanagement which are done by people for their own benefits. Deforestation is increasing which is resulting in global warming to increase and decrease in rainfall. Due to depletion of natural resources in the earth many activities like agriculture, ground water is having negative effects. Valuable minerals are being used and they are becoming scarce.
So all these are the effects of technological progress on natural resources.
5. Discuss the possible effects of technological progress on the use of natural resources.
5. Discuss the possible effects of technological progress on the use of natural resources.
Which is a demand factor in economic growth? More human and natural resources. Technological progress and innovation. An increase in the economy's stock of capital goods. An increase in total spending in the economy.
discuss how the efficient, effective use of resources (human, physical, financial, and technological) affects the continuity of care within and across healthcare settings in the community.
Discuss how the efficient, effective use of resources (human, physical, financial, and technological) affects the continuity of care within and across healthcare settings in the community.
2) Slowdown in productivity growth Consider the following two scenarios: i) The rate of technological progress drops permanently. i The savings rate drops permanently. a) Analyse graphically, what is the impact of each of these scenarios on economic growth in the next five years (short run)? b) Over the next five decades (long run)? Discuss the effects on both growth rates and output levels.
Question 5 Discuss (using diagrams where appropriate) possible generators modes of operation and how this effects the generator speed. Total 10 marks.
Distinguish between use values and no use values in natural resources economics.
Current Attempt in Progress Information related to property, plant, and equipment natural resources, and goodwill on December 31, 2021, for Sandhill Company is as follows: land $348,400, building $1,114,200, accumulated depreciation-building $634,600, goodwill $415,000, nickel mine $566,000, and accumulated depletion-oickel mine $106,100. Prepare a partial balance sheet for Sandhill Company. (List Property. Plant and Equipment in order of Land, Buildings and Mine.) SANDHILL COMPANY Balance Sheet (Partial) Assets
a. Use a demand/supply diagram to discuss why rice farmers may not benefit from a technological improvement in producing rice. b. Use a demand/supply diagram to discuss why producers for luxury goods may benefit from a technological improvement in producing the goods.
Discuss possible effects of an increase in oil prices on the level of output and employment.