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Technology and the economy?

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the economic advantages and disadvantages of technology

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  1. ADVTANAGES- People want the next newest thing pumping money into the economy for it. Without new technology eventually things wouldnt need bought.

    DISADVANTAGE- Companys can plan for things to become obsolete (the ipods) so they can immediately push out there next thing (ipod nano--> ipod tv)...Effectively shafting the people.

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