Science vs Technology

Does Science Shape Economic Progress?

We might think that scientific breakthroughs are necessary in order for us to have technological advancement. But as Lipton Matthews shows in this article, that isn’t necessarily the case. He says, “history has shown that science often lags technology” but “advancements in science propel technological growth.” One key concept to understanding this article is the difference between Science and Technology. The goal of Science is knowledge and understanding. But the goal of Technology is to mold the environment. Technology is the practical application of science.

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