Which conclusion is best supported by the data in the graph?
What did you include in your answer? Check all that apply.
[___] has improved access to information.
[___] has created faster production times for many goods.
Over the years, technologies such as [___] have allowed for faster distribution.
[___] Can be expensive to set up
[___] Can help to create lower prices for manufactured goods
[___] May cause fewer mistakes in the manufacturing process
Many people prefer to shop online instead of in traditional retail settings.What are the advantages of purchasing goods online? Check all that apply.faster deliverythe ability to find cheaper prices than many stores in personthe convenience of receiving an item without going to a storethe ability to research an item before making a purchasethe ability to test an item in person
Economists make economic predictions using:
Using information from the lesson, explain how new technologies change your experience as a consumer.Provide your answer in the form of a complete paragraph.
New technologies change my experience as a consumer by giving me access to more products from around the world and allowing me to buy them instantly. I can communicate quickly with producers and use technology to monitor economic trends in my country and in my own life. These tools give me more freedom to make economic choices.
Identify each statement as an advantage or disadvantage of automation.
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