How does technology help the economy grow?

How does technology help the economy grow?

In economics, it is widely accepted that technology is the key driver of economic growth of countries, regions and cities. Technological progress allows for the more efficient production of more and better goods and services, which is what prosperity depends on.

Why has technology become so important?

Technology, which brings together tools to promote development, use and information exchange, has as its main objective of making tasks easier and the solving of many problems of mankind. The development of new technologies helps to save lives; it improves work and makes the world better.

In what ways are we safer due to new technologies?

Advancements of modern technology are actually making us safernot only can new forms of password protection help to safeguard our digital files and documents, advances in voice recognition and gesture control also create a heightened degree of security for our devices and homes.