Invention and innovation
Invention and innovation
Invention is the creation of an original product idea, discovery or production process. Innovation occurs when a new or improved product or production method is brought into commercial use.
Step-by-step lessons covering AQA A Level Economics 1.4.8 Technological change (A-level only) for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.