The traditional view of technological advance was that it
A) was a random external force to which the economy adjusted.
B) arose largely from advances in military-related research.
C) was the result of capitalism and the rivalry among firms.
D) arose from international trade and the sharing of ideas among nations.

Question

Quizplus · Accepted Answer

The traditional view considered technological advance as an exogenous factor, meaning it was seen as an external force that the economy had to adapt to, rather than something generated from within the economic system itself.

The Traditional View of Technological Advance Was That It