Transformative Technology in the Service Economy
The invention of the plow transformed agriculture. Which of the following technological advancements has had a comparable transformative impact on the modern service economy?
A
The development of railroads, which transformed the distribution of manufactured goods.
B
Advances in steel production, which fueled industrial expansion during the Industrial Revolution.
C
The microchip, which revolutionizes data processing and enhances efficiency in service industries.
D
Innovations in fossil fuel extraction that expanded energy supply for industrial processes.
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