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Carol Funk

Feb 20, 2025

Which of the following economic goals focuses on funding technological advances in production?

Which of the following economic goals focuses on funding technological advances in production? Efficiency Equity Freedom Security
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"a. Efficiency" would be the economic goal that focuses on funding technological advances in production, since this almost always leads to better ways of doing things. ... Show More
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Good Morning!EfficiencyThe idea of ​​efficiency is one that refers to advances in production. To be efficient is to arrive at a result in the fastest, cheapest and most objective way. Efficiency is given by the cost-benefit of a particular production.Hugs!... Show More
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Out of the choices given, the economic goals focuses on funding technological advances in efficiency production. The correct answer is A. ... Show More
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Technology was developed in the hopes of making things simpler and quicker to do a job. Assembly lines, robots, airplanes. Doing so made life and jobs more efficient. So the answer will be efficient.... Show More
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The answer is efficiency. The five economic goals are efficiency, full employment, stability, economic growth, and equity, and they are isolated into both macroeconomic and microeconomic objectives. On the macroeconomics range, strategies are made to achieve monetary development, dependability, and full employment... Show More
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