Correct Response All of the above are correct. A. C. The white minority adopted apartheid in South Africa. Technology involves application of scientific methods and production techniques. It is the technological change which can bring about continued increase in output per head of the population. Shan et al. Which of the following may influence technological progress? The advancement of new technology has been taking place since the beginning of human history. Questions as to what ancient Mesopotamian civilization did and did not accomplish, how it influenced its neighbours and successors, and what its legacy has transmitted are posed from the standpoint of modern civilization and are in part coloured by ethical overtones, so that the answers can only be relative. The character and influence of ancient Mesopotamia. Technological change or progress refers to […] All of the above 4. When the firm started to incur high costs in the foreign countries and received complaints and criticisms about the loss of local jobs, the firm decided to return to its home country. human capital physical capital technological progress. 40. Technological globalization is speeded in large part by technological diffusion, the spread of technology across borders.In the last two decades, there has been rapid improvement in the spread of technology to peripheral and semi-peripheral nations, and a 2008 World Bank report discusses both the benefits and ongoing challenges of this diffusion. From the invention of items like the spear … Technological change (TC) or technological development, is the overall process of invention, innovation and diffusion of technology or processes. A worldwide patent and copyright system would _________ the incentive to innovative. B. Belgium established a colony in the Congo. Thus it is the prime-mover of economic growth. 1)Which of the following is evidence of the influence of Pan-Africanism? ADVERTISEMENTS: Technological change is the most important factor that determine rate of economic growth. A further issue related to technological change and labour is that while the overall impact of technological change on employment may be positive, this may not be the case for all industry sectors. Technological Globalization. Growth rates of real GDP per capita among nations: differ substantially. (d) Technological Development: Refers to one of the important factors that affect the growth of an economy. It plays a important role than the capital formation. The effect of technological progress is also expected to vary significantly in line with sectoral characteristics. The equipment and structures that are available to produce goods and services are called. 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