Technology is the application of knowledge to production. Thanks to modern (S1) ______ we have been able to increase greatly the (S2) ______of our work force. New machines and new methods have helped (S3) ______ down time and expense while increasing overall out put. This has meant more production and a higher standard of living. For most of us in America, modern technology is thought of as the (S4) ______ why we can have cars and television sets. Furthermore, technology has also (S5) ______ the amount of food available to us, by means of modern farming machinery and animal breeding techniques, and has extended our life span via medical technology. Will mankind continue to live longer and have a higher (S6) ______ of life To a great extent, the answer (S7) ______ on technology and our ability to use it widely. (S8) _______________________ The advancement of technology depends upon research and development, and the latest statistics show that the United States is continuing to pump billions of dollars annually into such efforts. So while we are running out of some scarce resources, (S9) _______________________. Therefore, in the final ysis the three major factors of production -- land, labor and capital -- are all influenced by technology. When we need new skills on techniques in medicine, people will start developing new technology to meet those needs. (S10) ____________________. S3