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It makes the economy stronger and more efficient.

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Q: What effect does new technology usually have on an economy?
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What effect does new technology usually have on economy?

The effect that new technology usually has on economy is seen in various ways. Technology will improve of efficiency and the overall productivity in the market. .


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Usually, new technology will increase productivity in the economy. For example, if you replace a human in a factory with a robot that can work twice as quickly without breaks, productivity would increase.


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What is happening in the information technology sector of the global economy?

Many information technology jobs are shifting from developed countries to the new globalizers.


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What role technology played in India economic growth?

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