What are the effects of the information revolution in today's global market?
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Because of information revolution advancements, information can now be transmitted in real time, meaning that there are no delays in worldwide distribution. As events unfold across the planet, people everywhere can have instant access to this information and thus adapt in various ways.
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the effects of the information revolution have revolutionized the today's global market .
- Information can be transmitted in no time , meaning without delay any information can be transferred across the world wide.
- people across the planet can have access to the data anytime, thus creating a great impact on today's global market.
- The last 50 years have seen America entering into the world of Information Revolution creating a revolution in the global economy.
- Another leading country in this is China.
- The growing information technology has made a significant impact on global economy.Technology has allowed the rate of production not to be hindered by distance of mountain or oceans. The idea of sending money and products is made ease with this revolution.
Thus, a significant progress is made by this revolution in the field of global market.
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