Technology and Economy

Technology and economy are interconnected; technology involves tools, systems, and innovations that improve how we do things. When new technologies emerge, they can boost productivity, create new industries, and make goods and services cheaper or better. This, in turn, can grow the economy by increasing wealth, employment, and living standards. Conversely, a strong economy can fund technological research and development. Together, they drive progress, shape lifestyles, and influence global markets, making technology both a product and a catalyst of economic growth.