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CAN TECHNOLOGY FACILITATE SOCIO ECONOMIC Sais Aisnet Form
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What are the advantages of computer technology in social and economic development?
In conclusion, computer technology has brought numerous advantages to both social and economic development. It has revolutionized communication by connecting people globally, democratizing access to information, and enhancing collaboration within organizations. -
What are the advantages of technology in economics?
Businesses can reduce costs, streamline processes, and increase efficiency. The main impacts of information technology on the economy are e-commerce, marketing tactics, facilitation of globalization, job insecurity, and job design. E-commerce is the buying and selling of products over the Internet. -
Why is technology important in economic and social development?
Enhanced Productivity and Efficiency Technology transfer introduces efficient production processes, resource optimization, and modern management practices. These improvements lead to increased productivity, reduced waste, and overall economic efficiency, contributing to sustainable growth. -
What is the impact of ICT in socio economic?
There is a widespread optimistic view that ICT can play a signNow role in economic development, GDP growth, capacity development and employment, productivity and organizational restructuring, poverty alleviation, and democratic participation of citizens [1], [2], especially in the context of developing countries. -
What are the advantages of computer in social and economic development?
In conclusion, computer technology has brought numerous advantages to both social and economic development. It has revolutionized communication by connecting people globally, democratizing access to information, and enhancing collaboration within organizations. -
How does technology help economic development?
As a result of technological advance, it becomes possible to produce more output with same resources or the same amount of product with less resources. The technological progress takes place through inventions and innovations. The process of economic growth involves the increase in the production of goods and services.
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