Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Technology reduces the need for skilled labor, lowering productivity.
B
Technology enhances efficiency, leading to higher productivity classifications.
C
Technology has no significant impact on economic productivity classifications.
D
Technology only benefits developed countries, not affecting productivity elsewhere.
Understanding the Answer
Let's break down why this is correct
Answer
The integration of technology into economic classification systems helps organize and analyze data more efficiently, which can boost overall economic productivity. By using advanced software and data analytics, businesses can better understand market trends, consumer behavior, and resource allocation. For example, a company that uses technology to classify its products can quickly identify which items are selling well and which are not, allowing it to adjust its production accordingly. This responsiveness leads to less waste and more effective use of resources, ultimately increasing productivity. Overall, technology makes it easier for economies to adapt and grow by providing clearer insights into various economic activities.
Detailed Explanation
Technology helps businesses work faster and better. Other options are incorrect because Some might think that technology makes skilled workers less important; It's a common belief that technology doesn't change productivity.
Key Concepts
economic productivity
economic classification systems
impact of technology on productivity
Topic
Economic Productivity Classification
Difficulty
hard level question
Cognitive Level
understand
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