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Describe two ways in which the Canadian government tries to encourage advances in technological knowledge.
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- Describe an innovation in technology, business, orculture that had a major economic impact in yourlifetime.The government should impede the pace of innovation, which is tearing apart the social fabric of the country. While some get rich from newfangled ideas, others watch bitterly as their livelihoods are destroyed. Refute this statementAmerican and Chinese economies in terms of using global, ethical, political, physical, and societal indicators.
- Some less-developed nations are unable to devote resources to various research and development projects. Attempting to increase their economic growth, sometimes they acquire pharmaceutical or technological goods and reverse engineer them to determine how they’re made, then sell them in domestic markets. Is it ethical and/or necessary to produce and sell a product without having developed it and not having a patent for the product? What could be the short run and long run consequences of such an action?Government can play a major positive role in the early stage of economic development by promoting entrepreneurship. promoting exports by subsidizing them. establishing price controls for products. requiring start-ups to go through an extensive government approval process.In order to have innovation, you need to a.have strong patent laws b.improve economic growth c.invest in capital d.share the benefits of innovation equally
- refute this statement with reasons The government should impede the pace of innovation, which is tearing apart the social fabric of the country. While some get rich from newfangled ideas, others watch bitterly as their livelihoods are destroyed.List down the main ingredients or raw materials in manufacturing the Ferrari sports car. Identify the corresponding country from which each ingredient or raw material cameDefinition of sustainable development
- What are the effects of Globalization on the world economic system? How did it improve the world economy? Was it helpful or detrimental to countries all over the world? Highlight important events that will support your answer. CITE YOUR SOURCES PROPERLY. Use proper APA citation and don't forget to include your bibliography.No Plagiarism Please! How do improvements in technology and human capital influence productivity, economic growth, and standard of living within an economy?Reasons why resource rich countries tend to grow slower as compared to resource poor counter paths