<em>Application of scientific knowledge is the result of both problem solving and creating new products.
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<u>Explanation:</u>
Earlier times Scientists evolved the new concepts and products because of problems solving like Archimedis principle, Airplane, electricity. After industrialization many new products are commercialised and scientific developments focused on creating new products which reduce the humanworkload such as Computer, Vehicles, etc. After globalization major inventions are only depends on consumerism and all are circulated around the consumer needs and market economy. Today many new products established in market because of consumerism rather than problem solving.
