Technology and Economic Growth in the 21st Century
Technology and Economic Growth in the 21st CenturyThe following question has no explicit right or wrong answers. You are to discuss your opinions as a group and jot down your answers as well as your justification. I will randomly select one of your team members to answer for your group when we discuss these as a class.?1) In the Planet Money Episode 772: Small Change you heard that despite the popular sentiment that technology is changing more rapidly than ever before, the relative stagnation of productivity altering technology is responsible for the slowdown of economic growth in the United States. Consider the following inventions from the 21st Century. Rank them from having the most positive impact on productivity to the smallest (or negative) impact. Your rankings should consider both the current impact on productivity and the impact toward the future.A. Social MediaB. CryptocurrenciesC. Mobile operating systems (smartphone technology)D. 3D PrintingE. Self-driving car developmentsF. Online streaming2) Are there any inventions (readily available or on the horizon) you have heard of that are not on this list that you think have impacted productivity. ................
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