Economy, asked by akshayacs604, 1 year ago

What will be the impact of improvement in the technology of good x while deterioration of technology of good y simultaneously,on ppc of home country?

Answers

Answered by Stera
13
The improvement of technology will give rise to many benefits for humans . Humans will have good tools , devices, machines through which he can easily so his work . The development of technology will make human's life more luxurious. Human will get many opportunities for food , entertainment etc without any hard work .


While , the development in technology will also have much bad effects :

》 The development in technology will rise to environmental problems

》 Most of the human beings will be very much slow . They will not work at all


Although, technology is very much essential for humans . The human civilization has came to this position due to use of technology. Though in world war these technologies were applied for bad purpose. But it is completely in the hands o humans how they will use the technology.

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akshayacs604: I think u misinterpreted the question.i asked what will the effect on ppc when there is improvement in technology of good x and deterioration in technology of good y
Stera: at least I have tried
akshayacs604: Ya thank u for tat
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