how has technology affected the economy? check all that apply.\n□ robots have taken over some jobs in…

how has technology affected the economy? check all that apply.\n□ robots have taken over some jobs in factories.\n□ fewer employees are able to do their jobs from home.\n□ automation has had less of an impact in manufacturing.\n□ the pharmaceutical industry has improved the economy.\n□ consumers can buy goods and services on the internet.\n□ competition between companies has led to new products.

how has technology affected the economy? check all that apply.\n□ robots have taken over some jobs in factories.\n□ fewer employees are able to do their jobs from home.\n□ automation has had less of an impact in manufacturing.\n□ the pharmaceutical industry has improved the economy.\n□ consumers can buy goods and services on the internet.\n□ competition between companies has led to new products.

Answer

Brief Explanations:

  1. Robots taking over factory jobs is a technological - driven change in the labor market, impacting employment and production costs in the economy.
  2. In reality, more employees can work from home due to technology, so the statement about fewer employees working from home is incorrect.
  3. Automation has had a significant impact on manufacturing, not less, so this statement is false.
  4. The improvement in the pharmaceutical industry can be due to technological advancements in research, development, and production, which in turn affects the economy.
  5. The ability for consumers to buy goods and services on the Internet is a result of e - commerce technology, which has transformed the economic landscape.
  6. Competition between companies leading to new products can be spurred by technological innovation.

Answer:

Robots have taken over some jobs in factories. The pharmaceutical industry has improved the economy. Consumers can buy goods and services on the Internet. Competition between companies has led to new products.