Which one of the following components includes new approaches to producing goods and services?
A)the technology component
B)the political component
C)the labor component
D)the legal component
E)the productive component

Question

Quizplus · Accepted Answer

The technology component includes new approaches to producing goods and services because it encompasses the tools, techniques, and processes used to enhance productivity, efficiency, and innovation in production.

Which One of the Following Components Includes New Approaches to Producing