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Role of Technological Change in Economic Development

Description: This quiz assesses your understanding of the role of technological change in economic development.
Number of Questions: 15
Created by:
Tags: economic growth technological change economic development
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Which of the following is NOT a key driver of technological change?

  1. Investment in research and development

  2. Government policies and regulations

  3. Availability of skilled labor

  4. Cultural factors

Show answer
Correct Option: D
Explanation:

Cultural factors may influence the adoption and diffusion of new technologies, but they are not a key driver of technological change.

The process by which new technologies are adopted and diffused throughout an economy is known as:

  1. Technological diffusion

  2. Technological transfer

  3. Technological innovation

  4. Technological progress

Show answer
Correct Option: A
Explanation:

Technological diffusion is the process by which new technologies are adopted and diffused throughout an economy.

Which of the following is NOT a positive impact of technological change on economic development?

  1. Increased productivity

  2. Improved quality of life

  3. Reduced income inequality

  4. Job creation

Show answer
Correct Option: C
Explanation:

Technological change can lead to increased income inequality if the benefits of new technologies are not shared equally across society.

Which of the following is NOT a negative impact of technological change on economic development?

  1. Job displacement

  2. Environmental degradation

  3. Increased economic growth

  4. Social inequality

Show answer
Correct Option: C
Explanation:

Technological change can lead to increased economic growth by increasing productivity and efficiency.

The concept of "technological determinism" refers to the belief that:

  1. Technology is the primary driver of economic development

  2. Economic development is the primary driver of technology

  3. Technology and economic development are mutually reinforcing

  4. Technology is independent of economic development

Show answer
Correct Option: A
Explanation:

Technological determinism is the belief that technology is the primary driver of economic development.

Which of the following is NOT a key factor that determines the rate of technological change in a country?

  1. Investment in education and training

  2. Availability of natural resources

  3. Government policies and regulations

  4. Cultural factors

Show answer
Correct Option: B
Explanation:

Availability of natural resources is not a key factor that determines the rate of technological change in a country.

The process by which new technologies are developed and brought to market is known as:

  1. Technological innovation

  2. Technological diffusion

  3. Technological transfer

  4. Technological progress

Show answer
Correct Option: A
Explanation:

Technological innovation is the process by which new technologies are developed and brought to market.

Which of the following is NOT a key challenge associated with the adoption and diffusion of new technologies in developing countries?

  1. Lack of infrastructure

  2. Lack of skilled labor

  3. High cost of technology

  4. Cultural resistance to change

Show answer
Correct Option: C
Explanation:

High cost of technology is not a key challenge associated with the adoption and diffusion of new technologies in developing countries.

Which of the following is NOT a key policy measure that governments can implement to promote technological change?

  1. Investment in research and development

  2. Provision of subsidies for new technologies

  3. Protection of intellectual property rights

  4. Imposition of tariffs on imported technology

Show answer
Correct Option: D
Explanation:

Imposition of tariffs on imported technology is not a key policy measure that governments can implement to promote technological change.

The concept of "appropriate technology" refers to:

  1. Technology that is specifically designed for developing countries

  2. Technology that is environmentally friendly

  3. Technology that is affordable and accessible to the poor

  4. Technology that is culturally appropriate

Show answer
Correct Option: A
Explanation:

Appropriate technology refers to technology that is specifically designed for developing countries, taking into account their unique economic, social, and environmental conditions.

Which of the following is NOT a key factor that determines the impact of technological change on economic development?

  1. The rate of technological change

  2. The nature of the technology

  3. The institutional context in which the technology is adopted

  4. The cultural context in which the technology is adopted

Show answer
Correct Option: D
Explanation:

The cultural context in which the technology is adopted is not a key factor that determines the impact of technological change on economic development.

Which of the following is NOT a key challenge associated with the adoption and diffusion of new technologies in developed countries?

  1. Resistance to change from established industries

  2. Lack of skilled labor

  3. High cost of technology

  4. Lack of infrastructure

Show answer
Correct Option: D
Explanation:

Lack of infrastructure is not a key challenge associated with the adoption and diffusion of new technologies in developed countries.

Which of the following is NOT a key policy measure that governments can implement to mitigate the negative impacts of technological change?

  1. Investment in education and training

  2. Provision of social safety nets

  3. Imposition of tariffs on imported technology

  4. Regulation of the use of new technologies

Show answer
Correct Option: C
Explanation:

Imposition of tariffs on imported technology is not a key policy measure that governments can implement to mitigate the negative impacts of technological change.

The concept of "technology transfer" refers to:

  1. The process of transferring technology from developed countries to developing countries

  2. The process of transferring technology from one company to another

  3. The process of transferring technology from one industry to another

  4. The process of transferring technology from one sector of the economy to another

Show answer
Correct Option: A
Explanation:

Technology transfer refers to the process of transferring technology from developed countries to developing countries.

Which of the following is NOT a key factor that determines the success of technology transfer?

  1. The absorptive capacity of the recipient country

  2. The willingness of the donor country to transfer technology

  3. The cost of technology transfer

  4. The cultural context in which the technology is transferred

Show answer
Correct Option: D
Explanation:

The cultural context in which the technology is transferred is not a key factor that determines the success of technology transfer.

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