T12 - 7

Question 1

Define:

Technology

Answer 1

Technology is any machinery, equipment or tools developed with scientific knowledge.

Question 2

Name the advantages of using technology in the production process.

Answer 2

1. With technology, machines can be designed to do the work of people more efficiently and more effectively.
2. With the use of technology it is possible to produce more goods and services.
3. Technology improves the productivity of the other factors of production.

Question 3

Discuss 3 disadvantages of using technology in the production process.

Answer 3

1. It cost a lot of money to purchase:

• Technology is very expensive to buy.
• It costs even more if the technology has to be imported from another country.

2. Loss of jobs:

• People can lose their jobs because some of the machines can do the work faster and better.
• It can lead to unemployment for unskilled workers.

3. Expensive to maintain:

• Most technology has to be fixed by engineers who has to be paid a lot of money for their skills.
• This makes it expensive to own and maintain technology.

Question 4

Name 3 things that TECHNOLOGY improves.

Answer 4

1. Productivity
2. Efficiency
3. Effectiveness