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Major Technological Breakthroughs in Economic History:
Major Technological Breakthroughs in Economic History:
- General Purpose Technologies:
- Steam Engine, (Industrial Revolution, 1760).
- Electrical Dynamo, (1890).
- CIT, (1970).
Opportunities:
- CIT contributes to economic growth during its diffusion.
- Diffusion of CIT in Turkey is in its initial stages.