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The following is an example of which of the causes of technological progress? government research grants A. education B. innovation C. scientific research D. scale of the market

User Opsenas
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2 Answers

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Answer:

your answer would be C. scientific research

Step-by-step explanation:

User KarlsFriend
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Answer: D) Scale of the market

Explanation:

Technological progress refers to the process of invention, innovation and diffusion. In other words we can say, that technological progress leads to a better utilization of the given amount of resources enabling firms to produce more and more goods with the same amount of resources.

Thus, innovation, scientific research and education are all part of the technological progress but they are not caused due to technological progress, they only lead to technological progress.

While, Scale of the market is the cause of the technological progress.

User Robin Barnes
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