Question

Technology is

 Choose one:A.  knowledge that is available for use in other production.B.  always a piece of computer code at its most basic level.C.  manifested only in physical capital.D.  a natural resource. 

Part 2   (1 point)

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Which of the following is not an example of a technological advancement?

 Choose one:A.  the assembly lineB.  a resurgence of rainforest growth in Belize C.  hybrid seeds D.  sand in cows’ stalls to increase milk productionE.  a version of the iPhone with new features  

Part 3   (1 point)

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Technological innovations are often clustered in particular locations because of

 Choose one:A.  climate.B.  aggregate demand.C.  mortality rates.D.  institutions. 

Answer 1

Question 1

The answer is A. Technology is a form of knowledge that can be used in other production processes.

Question 2

The answer is B. Resurgence of rainforest is a natural phenomenon, not made by humans. So it is not a technological advancement.

Question 3

The answer is Institutions. Technological innovations are often clustered in particular locations because of institutions that foster economic growth because of concentrations of capital in those locations (Silicon Valley, for example).