Application of automotive devices with expanding scale of operation leads to:
A) Industrial economy
B) Technical economy
C) External economy
D) Technical force
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Answer:
Technical economy....
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Application of automotive devices with expanding the scale of operation leads to B) Technical economy.
- The technical economy is a measure of innovation. The application of automotive devices builds up the technical economy.
- The industrial economy is related to those factors that combine the production like facilities, supplies, work, etc. to manufacture goods for selling in the market.
- External economies are advantages that are made when an activity is done by a company or a firm, with those advantages being enjoyed by others that are not related to the entity.
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