Final answer:
To configure settings for a USB printer in Windows 7, go to Control Panel > Devices and Printers.
Step-by-step explanation:
The subject of the question is technology.
The option in Control Panel that you should use to configure settings for a USB printer in Windows 7 is Devices and Printers. To access it, go to Control Panel and click on 'Devices and Printers'. From there, you can select your USB printer and modify its settings, such as setting it as the default printer, managing print queues, or troubleshooting any issues.