From the technical progress we understand the progress of the technological circumstances of an economy or the totality of all the technical innovations of a culture. Through technological progress can either be an equal production (output) with a decreased use of labor or productive assets are created (input) or a higher amount with the same dedication means of production and work. In addition to the quantitative improvement of the input-output ratio, there are also qualitative improvements suc…
Continue
Posted on December 22, 2009 at 8:00pm —
Comment Wall
You need to be a member of Zabitatz: Inspiration for YOUR home to add comments!
Join Zabitatz: Inspiration for YOUR home