Technological progress in the economy will lead to a decline in prices, increase industrial output, and naturally increase unemployment.
The technological advancements that we have felt in this era have been recognized and can be felt directly that can provide a lot of convenience and comfort for humanity. One impact on the development of communication and information media can be felt in the Economic Field. Technological progress is something that can not be avoided in this life because technological progress will go according to scientific progress.
Innovations are born to have a positive impact on activities. human daily life. This provides a lot of conveniences, as well as a new way of doing human activities. Thanks to this rapidly developing technology, convenience in the economy and industry is very much felt at this time. This is due to technological developments that have a positive impact on the economy and industry, including:
1. Economic Growth Has Increased
This development is beneficial for the development of personal and state economies because the more people who are no longer constrained by the economy will further ease the burden on the state.
2. The occurrence of Industrialization
Many change jobs or switch to earning income from farmers or ranchers to industries, although this can indeed lead to positive or negative things.
3. Industrial World Productivity Increases
With the development of technology that has an impact on the economy and industry, it is certainly beneficial to productivity, both individually and in groups. Of course, this is based on the development of technology and therefore uses technology to increase personal productivity.
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The impact of technology on the economy https://brainly.com/question/284986, https://brainly.com/question/12347978
Details
Class: College
Subject: Business
Keyword: Technological impact on the economy.
