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Typically, revenue generation determines the progress in a specific technology-as more the overall turnover, the more it reflects technological growth. Moreover, trends in overall adoption in specific country or location also determines the IT growth. See an infographic below that reflects the growth and proress of Cloud Computing.

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Q: What factors determine technological progress?
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What are two factors that cause the technological to progress?

A well developed educational system and a competitive (capitalist) economy.


What factors do you think determine a person's progress on an organization?

Factors that can determine a person's progress in an organization include their performance, skills, dedication, ability to collaborate with others, adaptability to change, and potential for leadership roles. Additionally, factors such as networking, communication skills, seeking opportunities for growth, and alignment with the organization's values and goals can also impact an individual's progress.


According to the classical school prices of factors and products are?

According to the classical school prices of factors and products are capital, fixed capital, working capital, financial capital and technological progress.


What does technological progress lead to?

an increase to efficiency


What leads to technological progress?

an increase to efficiency


Are there limits to technological progress?

Actually, no.. As long as inventions and such continue to work in perfect condition, there won't be a stop in technological progress any time soon anyway


What is the one word for a person who resists technological progress?

Luddite : a person who resists technological progression.


What is technological development and the factors affecting technological development?

No no


What social factors influence technological development?

Social factors that influence technological development include cultural values, economic systems, government policies, education levels, and societal needs or demands. These factors shape the priorities, resources, and motivations for innovation and often determine the direction and focus of technological advancements. Additionally, the level of collaboration and competition among individuals, companies, and countries can also impact the pace and extent of technological development.


Is social change and progress determined by modernisation and industrialisation?

Social change and progress can be influenced by modernization and industrialization, but they are not the sole determinants. Factors such as cultural shifts, political movements, and technological advancements also play key roles in shaping social change. Ultimately, a combination of various factors contributes to the evolution of societies over time.


What is technological progress?

it is a hot dog coverd with everything that you want and love.


What determines the amount of output an economy produces?

The factors of production and the production technology determine the economy's output of goods and services. An increase in one of the factors of productionor a technological advance raises output.