Question

A nation’s automakers install new robotic machinery to build cars. Now, cars take only a day to make, and the factories can produce many more cars than before. This is an example of growth caused by a. land and natural resources. c. technology. b. human capital. d. production possibility curves.

Answer 1

its c technology. technological and scientific inovations lead to better and faster ways to produce. 

Answer 2

The correct answer is C. Technology

Explanation:

In the economy, technology includes machines, infrastructure or similar that improve production rates which means more units are manufactured in a shorter time or makes production cheaper by replacing high-cost technology or workers. This is the opposite of labor because technology only involves objects or machines rather than workers. This implies the case presented is an example of growth caused by technology because in this case, it is the robotic machinery the one that increases the production of cars.