Reference no: EM131427007

Question 1 Prehistoric man was nomadic because he did not possess the technology to build permanent shelter or grow crops.

True

False

Question 2 Which of the following happened because of the Bronze Age?

Man was able to build permanent structures

Man was able to build fire for the first time

Man became a hunter-gatherer

All of the above

Question 3 The domestication of animals was important because

They provided labor

They provided a food source

They allowed man to establish permanent settlements

All of the above

Question 4 Workforce specialization occurred because the population decreased and the diminished food demand meant that fewer farm hands were needed.

True

False

Question 5 What technological advancement allowed for the civilization of Europe?

Money

The ancient plow

The long bow

The steam engine

Question 6 The Middle Ages (or Dark Ages) was a time of very little technological progress

True

False

Question 7 Fashion became important during Industrialization because consumer goods were more readily and cheaply available to the average person.

True

False

Question 8 The nature of work has shifted from a knowledge/service based economy to a product/manufacturing based economy.

True

False

Question 9 According to Erik Brynjolfsson, productivity is increasing while income is falling.

True

False

Question 10 Brynjolfsson asserts that GDP estimates are an underestimate of actual productivity growth because:

Productivity has slowed to almost nothing in the past few decades

Growth models predict a logarithmic rise in productivity

Many enterprises that demonstrate growth (e.g. social media sites like Facebook and TED) are offered for free

All of the above