How has the Information Age influenced economic productivity?
The Information Age increased economic productivity by enabling automation, improving data accessibility, and streamlining business processes through information technology.
What new sectors emerged in the Information Age?
The Information Age gave rise to new sectors such as information technology, digital marketing, and e-commerce.
How did the Information Age affect traditional industries?
Traditional industries were transformed as they needed to adapt to digital technologies, leading to increased competition and innovation.
What role does data play in the Information Age economy?
Data is a core economic asset in the Information Age, driving decision-making, personalization, and innovation.
How did the Information Age impact the labor market?
The Information Age altered the labor market by creating demand for tech-savvy workers and jobs in IT, but also caused job displacement in traditional sectors.