The substitution of steel for wooden ploughs in agricultural production is an example of
Alabour-augmenting technological progress
Bcapital-augmenting technological progress
Ccapital-reducing technological progress
DNone of the above
Answer & Solution
Correct answer: B. capital-augmenting technological progress
UPSC CSE Prelims 2015 (GS-I, Set A), Q.90. Official answer key: B.
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