What has been the primary driver of significant economic growth historically?

Understanding the Fourth Manufacturing Revolution

Interactive Video
•
Business, Economics, Social Studies, Technology
•
10th Grade - University
•
Hard

Amelia Wright
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Government policies
Technological advancements in the service sector
Manufacturing revolutions
Increased consumer spending
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the failed attempts to revitalize manufacturing?
Investing in renewable energy
Offshoring factories to reduce costs
Developing new marketing strategies
Increasing consumer taxes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why have technological innovations in the tech sector not significantly boosted productivity?
They are not widely adopted
They focus on areas outside of manufacturing
They are too expensive to implement
They are outdated
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key feature of the fourth manufacturing revolution?
Integration of advanced technologies like robots and 3D printing
Reduction in global trade
Increased reliance on manual labor
Focus on traditional manufacturing methods
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the benefits of scale customization in manufacturing?
Increased environmental impact
Ability to produce customized products at the same cost as mass-produced ones
Longer lead times
Higher production costs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How will the fourth manufacturing revolution affect factory locations?
Factories will move further from consumer markets
Factories will remain in their current locations
Factories will only exist in developing countries
Factories will relocate closer to consumer markets
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is expected to happen to the East-to-West trade flows as a result of the fourth manufacturing revolution?
They will become more complex
They will remain unchanged
They will be replaced by regional trade flows
They will increase significantly
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