Econ101 Forum Description Recent innovations are increasing productivity, economics homework help

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Economics

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Forum Description

Recent innovations are increasing productivity. Go to the Timeline of Historic Inventions at www.wikipedia.org/wiki/Timeline_of_invention. Scroll down until you find the inventions made starting in the 1940s. Look at them and later inventions. Cite five "major" technological advancements and five relatively "minor" technological advancements (a list for each is fine). Then draft a response to the following question:

Since the 1940s, which technological innovation has increased productivity the most?

Be sure to use substantiate your claims as best as you can.  You are free to integrate additional sources into your analysis (be sure to properly cite all sources.

Finally, conclude your post with a one-sentence statement describing what you believe to be a future technological advancement that will boost aggregate productivity. 


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Explanation & Answer

Attached.

Running head: INNOVATION

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Innovation
Name
Institution

INNOVATION

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Innovation

Innovation is the process by which imaginations, available information and initiatives
are deliberately applied and translated to an idea, so as to satisfy a certain need. Increase in
productivity have by a great extent being as a result of inventions ending up to minimal time
wastage, optimal use of resources as well as improved quality and value of goods and
services among other merits. Inn...


Anonymous
Excellent resource! Really helped me get the gist of things.

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