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True or False? The government funds research to expand technological capabilities, which positively affects the economy.



Answer :

True, The government funds an enourmous amount of research on innovations to better the economy and world as it is.

Truth.

The government is the great financier of scientific research. Although there is at present a fiscal expenditure with these surveys, in a long term analysis, the economy is positively affected. This is because research results in many areas bring benefits such as new patents, improvements in processes in many areas such as intelligence, and increases the productivity of production factors. That is, using resources in research is not exactly an expense, but a long-term investment.

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