Economics A-Level
Technological progress
What Technological progress means in Economics A-Level, as defined for AQA.
Definition of Technological progress
Check what you remember
Read the wording for your board, then hide it and explain Technological progress in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Accelerated by state subsidies, for instance for electric vehicle battery manufacturing, shifting the LRAS curve rightwards.
Topics that use Technological progress
- Supply-side policies (AQA A-Level)
Related terms
- Capital investment
- Economic incentives
- Free market supply-side policies
- Human capital
- Incentives
- Innovation
- International competitiveness
- Interventionist policies
Using Technological progress in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Economics questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Economics A-Level termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge