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Examveda

Choose the correct statement regarding technological change?
1. It means technical knowledge used in the production of capital and machinery.
2. It leads to increase in the productivity of labour and capital.
3. It has made the life of humans more complicated.
4. It has made the medical system more advanced.

A. 1 and 2

B. Only 3

C. 1, 2 and 4

D. All of these

Answer: Option C


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