Following that the socioeconomic progress relies heavily on technology, it makes sense that every organization or business requires a proper understanding of technology and its impacts. Therefore, for this assignment, you will need to generally explain what you understand by technology before we scrutinise further how it relates and impact business.Please in about 150 to 200 words, explain what technology is. There is no need for citations because it should be based on your own thinking. It is simply a paragraph with a heading and no complicated format. We will start using the APA formating in future assignments.

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