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Technological Progress

In: Socialist Economic Development and Reforms

Author

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  • J. Wilczynski

Abstract

Technological progress is usually understood in the Socialist countries as embodying the following elements: (a) Improvements in the methods of production, consisting in a more effective management, more advanced specialization, a better utilization of labour, equipment and materials and in the rationalization of productive processes in general. (b) Improvements in the quality of resources in the form of more highly skilled labour, a greater degree of power, durability, precision and the functional differentiation of capital, the drainage and irrigation of land, etc. (c) Improvements in the quality of products in such respects as weight, durability, design, safety, aesthetic appearance, etc.

Suggested Citation

  • J. Wilczynski, 1972. "Technological Progress," Palgrave Macmillan Books, in: Socialist Economic Development and Reforms, chapter 13, pages 233-259, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-01255-8_13
    DOI: 10.1007/978-1-349-01255-8_13
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