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How Can The Use Of New Technology In Industry

Question: What is one way that technology can improve the distribution of goods?

  1. Workers can take Internet classes to gain new skills.

  2. b. Automation can create goods more cheaply and easily.

  3. c. Businesses can hire factory workers across the world.

  4. d. Container ships can transport a number of goods at once.

  5. Answer: d

  6. Question: Technology can help governments handle economic emergencies, such as

  7. a. the reliance on automation.

  8. b. crop and resource shortages.

  9. c. the fall of the unemployment rate.

  10. d. instant sales and communication.

  11. Answer: b

  12. Question: Producers can generate instant sales by using

  13. a. devices.

  14. b. forecasts.

  15. c. patterns.

  16. d. websites.

  17. Answer: d

  18. Question:

  19. Answer: 2

  20. 3

  21. 4

  22. Question: How can the use of new technology in industry benefit the US government?

  23. The government can purchase materials from anywhere.

  24. The government can rely on automation to reduce costs.

  25. The government can react to economic changes quickly.

  26. The government can transport goods around the world.

  27. Answer: c

  28. Question: _______________ help economists make forecasts, which are also called predicitons.

  29. Answer: economic patterns

  30. Question: When the US government becomes aware of economic changes, the discovery is most likely to influence

  31. a. how the nation allocates resources.

  32. b. how companies interest buyers.

  33. c. how producers ship products.

  34. d. how economists study trends.

  35. Answer: a

  36. Question: The government of country A has determined there is a coal shortage based on mining reports. As a result of these data, the government decreases coal exports to other nations. Access to information helped country A

  37. a. allocate resources.

  38. b. limit consumption.

  39. c. purchase goods.

  40. d. increase sales.

  41. Answer: a

  42. Question: How can the use of new technology in industry benefit consumers?

  43. a. Consumers can allocate their resources wisely.

  44. b. Consumers have greater access to information.

  45. c. Consumers can use materials from anywhere.

  46. d. Consumers can ship goods around the world.

  47. Answer: b

  48. Question:

  49. Answer: c