What is greater 0.001 or 0.07?

To compare 0.001 and 0.07, we can look at their numerical values. 0.001 is equivalent to 1/1000, while 0.07 is equivalent to 7/100. When comparing fractions, it is clear that 0.07 (7/100) is greater than 0.001 (1/1000) because 7 is greater than 1. Therefore, 0.07 is greater than 0.001.