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Investment-specific technological progress

Index Investment-specific technological progress

Investment-specific technological progress refers to progress that requires investment in new equipment and structures embodying the latest technology in order to realize its benefits. [1]

21 relations: Business, Candy bar, Capital (economics), Child labour, Computer, Economy, Final good, Ford Motor Company, Ford Mustang, Housewife, Integrated circuit, Jeans, Labour economics, Machine, Management, Microwave oven, Production (economics), Punched card, Tax, Technological change, Wealth.

Business

Business is the activity of making one's living or making money by producing or buying and selling products (goods and services).

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Candy bar

A candy bar is a type of sugar confectionery that is in the shape of a bar.

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Capital (economics)

In economics, capital consists of an asset that can enhance one's power to perform economically useful work.

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Child labour

Child labour refers to the employment of children in any work that deprives children of their childhood, interferes with their ability to attend regular school, and that is mentally, physically, socially or morally dangerous and harmful.

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Computer

A computer is a device that can be instructed to carry out sequences of arithmetic or logical operations automatically via computer programming.

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Economy

An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents.

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Final good

In economics, any commodity which is produced and subsequently consumed by the consumer, to satisfy his current wants or needs, is a consumer good or final good.

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Ford Motor Company

Ford Motor Company (commonly referred to simply as "Ford") is an American multinational automaker headquartered in Dearborn, Michigan, a suburb of Detroit.

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Ford Mustang

The Ford Mustang is an American car manufactured by Ford.

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Housewife

A housewife (also known as a homekeeper) is a woman whose work is running or managing her family's home—caring for her children; buying, cooking, and storing food for the family; buying goods that the family needs in everyday life; housekeeping and maintaining the home; and making clothes for the family—and who is not employed outside the home.

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Integrated circuit

An integrated circuit or monolithic integrated circuit (also referred to as an IC, a chip, or a microchip) is a set of electronic circuits on one small flat piece (or "chip") of semiconductor material, normally silicon.

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Jeans

Jeans are a type of trousers, typically made from denim or dungaree cloth.

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Labour economics

Labour economics seeks to understand the functioning and dynamics of the markets for wage labour.

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Machine

A machine uses power to apply forces and control movement to perform an intended action.

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Management

Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body.

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Microwave oven

A microwave oven (also commonly referred to as a microwave) is an electric oven that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range.

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Production (economics)

Production is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (the output).

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Punched card

A punched card or punch card is a piece of stiff paper that can be used to contain digital data represented by the presence or absence of holes in predefined positions.

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Tax

A tax (from the Latin taxo) is a mandatory financial charge or some other type of levy imposed upon a taxpayer (an individual or other legal entity) by a governmental organization in order to fund various public expenditures.

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Technological change

Technological change (TC), technological development, technological achievement, or technological progress is the overall process of invention, innovation and diffusion of technology or processes.

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Wealth

Wealth is the abundance of valuable resources or valuable material possessions.

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Investment specific technological progress.

References

[1] https://en.wikipedia.org/wiki/Investment-specific_technological_progress

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