Question

relation between information technology and economics​

Answer 1

Answer: In economics, it is widely accepted that technology is the key driver of economic growth of countries, regions and cities. Technological progress allows for the more efficient production of more and better goods and services, which is what prosperity depends on.

Explanation:

Answer 2

Answer:

Information technology and economic development also connect together when the service industry enabled to provide their services in a larger geographic area. ... Easier communication and introduction of IT systems can reduce costs, increase efficiency and improve the quality of products and services.