Technology and Innovation
The process of creating something new over the last century.
What is innovations?
The evolution of the washing machine has help to make washing clothes less of a hassle and more of a breeze.
How did washing machines change over time?
Anesthetic is an important part of surgery because anesthetic enables patients to undergo an operation safely without the patients experiencing pain and distress.
How does anesthetic improve your life?
Scarcity is when there isn't enough goods or services. Scarcity occurs when there are not enough resources to meet the needs and wants of humans
What is Scarcity?
A risk is a virus or a danger. A virus is something a computer and devices can have. a Virus is bad
What is a risk?
Technology and Innovation impact the economy by the because the development of new technology's during the Industrial Revolution , the U.S economy saw a boost in productivity and the economy began to grow
How do Technology and Innovation impact the economy?
This technology changed by being smaller and faster on the internet. And allow via mail and Face time, social media.
How did computers change our lives over time?
In 1947 Cleveland cardiovasculas surgeon Claude Beck successfully defibrille to to the heart of a 14 year old boy during cardiac surgery bring on an apparently dead person back to life.
How did cardiac defibrillation affect the life of people?
The price is what we pay or the amount we buy.
What is price?
Profit is money you have left after paying business expenses.
What is profit?
They help people wake up and remember to do something it allows people to buy stuff from home
How do technology and Innovation impact our day to day life?
Now we have to buy music to play music however we have digital music.
How did music change our lives over time?
The magnifying glass helped doctors to look at the body closer.
How did the magnifying glass change our life?
A supply refers to how much something is available supply low or high.
What is supplies?
Jan Koum and Brian Acton took a risk creating the WhatsApp.
Who took the risk creating the WhatsApp?
Technology is the way we apply scientific knowledge for practical everyday use purposes.
What is technology?
The telephones change over time by making the telephone touch screen.
How have telephones changed over time?
This tool was necessary because it helped people figure out if people were in danger or hurt.
Why was the stethoscope necessary?
When the demand for a good or service is high, the price of that good or service is also high.
What is demand?
These two founders took a risk. Steve Jobs and Steve Wozniak took a risk creating apple computers.
Which two founders took a risk creating apple computers?
Technology and innovation plays a role in the health and life expectancy because it lets us track our health and see if we are still alive.
What is how technology and innovation impact our health and life expectancy?
These were examples of how we played music.
What are phonograph machine, cassette and CD players, and iTunes?
This item is what takes a picture inside your body. It is able to see your bones.
What is a X-Ray?
Scarcity impacts prices because when there is not enough of something and would mean people would buy it more which causes the price to go up if there is not.
How does scarcity impact prices?
In this relation, Jan Koum and Brian Acton took a risk with WhatsApp to make profit and still made money.
What is how profit and risk relate to each other?