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Technological component of STS
Technological component
Component Description Examples Frameworks More Frameworks
Technological Hardware: Machines of different kinds Door (with tasks delegated to it such as automatically shutting and being locked) Value Discovery (identifying and locating values in STS) Social Constructionism> : Restoring interpretive flexibility to reconstruct a technology to remove bias and realize value
Code that configures machines around human purposes Power generating technologies based on renewable and nonrenewable resources Value Translation (Operationalizing and implementing values in a STS by designing and carrying out a procedure) Identifying and mitigating complexity in the form of tightly-coupled systems and non-linear causal chains
Technology can constrain business activity by de-skilling Automobiles, computers, cell phones all of which have produced profound changes in our STSs Value Verification (Using methods of participatory observation to determine how effectively values have been realized.) De-centralizing control and authority
Technology, especially software, can instrument human action Microsoft Office, Firefox Browser, Google Chrome, Google Docs, Social Networking software Transperspectivity : discovering strands of construction of current STS; identifying possibilities for reconstruction Designing to avoid the technological imperative and reverse adaptation (where humans abandon ends and serve the ends of technologies
Ethical Environments of the socio-technical system
Table 2: ethical and social component
Component Description Examples Frameworks More Frameworks
Ethical Environment Moral Constructs : Spheres of justice where distribution takes place according to context-dependent rules (Rules) Basic Moral Concepts : rights, duties, goods, values, virtues, responsibility, and justice Utilitarianism : Happiness is tied to maximizing the satisfaction of aggregated preferences. Basic Capabilities : life, bodily health, bodily integrity
Social Constructs : Power and its distribution among groups and individuals Intermediate Moral Concepts : Privacy, Property, Informed Consent, Free Speech, due Process, Safety/Risk Rights : Capacities of action that are essential to autonomy, vulnerable to standard threats, and correlated with feasible duties Cognitive Capabilities : Sense, Imagination, Thought; Emotion; Practical Reason
Right : A right is a capacity of action, essential to autonomy, that others are obliged to recognize and respect. Privacy : If the information is directly relevant to the relation to the holder and the seeker, then it is not private. Virtues : Settled dispositions toward choosing the mean between extremes of excess and defect. (Courage is the mean between cowardice and recklessness) Social Capabilities : Affiliations, Other Species
Duty : A duty is a principle that obliges us to recognize and respect the rights of others. Property : That with which I mix my labor is mine. Intellectual property is non-rivalrous and non-excludable. Capabilities Approach : For Nussbaum, capabilities answer the question, “What is this person able to do or be?” For Sen, capabilities are “‘substantial freedoms,’ a set of (causally interrelated) opportunities to choose and act.” Capabilities that address vulnerabilities : Play and Control over one's environment

Questions & Answers

how environment affect demand and supply of commodity ?
Amos Reply
Wht at the criteria for market ?
Amos
what is difference between monitory policy and fiscal policy?
Malik Reply
monetary policy is a policy thrust by National Govt(CBN) to influence government spending, purchase &taxes
Frank
necessity of economics
Pamela Reply
I will say want,choice,opportunity cost,scarcity,scale of preference
Alao
what is monopoly market.How price output are determined under monopoly market
bisham
b) Monopoly market is an impecfect market where s single firm having the innovation to produce a particular commodity.Prices are determined through output since there are no other competitive.
Frank
Monopoly market:firm has market power & does not respond to market price
Frank
Explain the process of price determination under perfect competition market with suitable diagram
bisham Reply
Price determination under perfect competition via this process :firms have no market power to influence price rather firms respond to market price.
Frank
price is different from demand- demand is amount of commodity
Effah Reply
demand is amount /quantity of commodity a potential buyer is willing to buy at a given price at market
Frank
demand is a desire of customer on commodity with the ability to pay it and willing to buy it at given price of commodity
Harika
demand is price of what
Faith Reply
show that shortrun average cost
Baby Reply
what is economics
Mbah Reply
what is money
Mbah
what is money
Mbah
Difine macro economics
agaba
money is a medium of exchange between goods and services,maybe inform of currency.
Wesonga
Economics is study of how human beings strive to satisfy numerous wants using limited available resources.
Wesonga
how do you find the maximum number of workers the firms should employ order to produce where there are increasing returns
Jane
what are implications of computing national income?.
agaba
pl
MUDASIRU
what is the formulae for calculating national income
MUDASIRU
it calculated by value added method
Praveen
classify the production units like agriculture, banking, transport etc
Praveen
money is anything that is generally acceptetable for human
Ogbaji
Estimate the net value added(NVA) at fixed cost by each industrial structure
Praveen
definition of unemployment
Adam Reply
what are the causes of unemployment?
Mbubi Reply
The main causes of unemployment are listed below. 1. Frictional unemployment 2. Cyclical unemployment 3. Structural unemployment
assani
We can also categorize the causes on a broader sense as: 1. Political and 2. Social cause As unemployeement root causes are embaded in this two.
Yonathan
would opportunity cost exist if there was no scarcity?
assani
yes just because the opportunity cost arose when there is Alternative to choose among the alternatives.
BADAMASIU
I am thinking that, if our resources were unlimited, then there wouldn't be any need to forgo some wants. Hence the inexistence if opportunity cost
assani
Politics
Job
politics has done what?
assani
consider time assani
Mary
I'm Emmanuel,...I taught the main cause is the change in gov't.
Emmanuel
...Lack of capital to set up a firm respectively
Emmanuel
🙈
Emmanuel
I would like to bring in Educational levels can also be the cause the cause of the problem respectively
Emmanuel
I think the main causes of unemployment is lack of INFRASTRUCTURAL DEVELOPMENT OVER POPULATION OVER DEPENDENT ON GOVERNMENT LACK OF SELF EMPOWERMENT...
ananti
lack of skills among the new generation is the serious issue.
Vishal
Where I come from , I don't see why education or personal aspects seem to do with unimployment, technically the motivation and eigerness in all works of live is there , dispite the cultural influence and physical bearriors;the thing we lacking is Government Support and open market ethics.
Joe
sorry about that-(repation). We have a over powering ethical political system that's displacing the marketing asspects of economy and causing large scale unemployment right across the board...
Joe
can someone Explain Expansionary Monetary Policy and Contractionary Monetary Policy Using one of the instrument of Monetary Policy? Please am kinda lost here?. ta
Emmanuel Reply
using a graph show the case of substitute and compliment goods
Ade Reply
can anyone give me a simple explanation to Five Sector Macroeconomics?
Emmanuel
Can someone please define what economics is
jason Reply
economics simply is a social science subject that study human behavior.
dajan
economics is a social science which studies human behaviour as a relationship between ends and scarce means that has alternative uses
Alao
Can someone please tell me how to calculate GDP
Emmanuel
emmanual kapal to calculate GDP (Gross Domestic Product) has three method in calculating it (1)income approach (2) expenditure approach (3) value added method
Alao
thanks Alae
Emmanuel
u are welcome
Alao
in basic terms economics is revered to as battery system, it date back to when Men sees the need to exchange sapless goods and produce to gain , either wealth , basic necessities or to establish trading ties for personal benefit or social asspects in terms of coexistence and continuity, future .
Joe
what is the law of demand
Berlinda Reply
keep other thing constant, when the price increases demand decrease when the price decreases demand increases of the commodity.
sj
all things being equal,quantity demanded decrease as price increase and increase as price decrease
Seth
there's practial joke to it ..." the higher the demand ; scarcity, increase in production and drop in quality"... quite the controversy - for example China vs Europe, United States and we are all boxed up in between somewhere...
Joe
Other thing remain constant the low price of commodity the high quantity of commodity and vice versa is true
Baraka
Explain Effective demand
Anita Reply
What is effective demand
Anita
like Modi is in demand...best example of effective demand
Pranav
Don't get you
Anita
Anita you mean you don't get me or who?
Onyeking
level of demand that represents a real intention to purchase by people with the means to pay
Pranav
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Source:  OpenStax, Business ethics. OpenStax CNX. Sep 04, 2013 Download for free at http://legacy.cnx.org/content/col10491/1.11
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