what is good effect of technology in economy
Answers
Causing increased communication, easy and fast access to the new markets, increase in the marketing channels and company mergers, technological development made a positive impact to the economy. As a result of e-commerce made on Internet, the dimensions of commerce have changed.
Answer:
good effect of Technology in economy Industrial productivity has increased. Advances in technology will improve the productivity capabilities of the industrial world both in the aspect of industrial technology and in aspects of the type of production
Economic growth will be even higher
Competition in the world of work thus requires workers to always add to their skills and knowledge.
The more widespread use of ICT will increasingly open up employment opportunities
With advertising facilities on the internet on certain sites will facilitate the promotion and marketing of a product
Companies can reach a wider market because buyers who access the internet are not limited by place and time
The company does not need to open a distribution branch
Fewer expenses, because there are not many employees
The price of goods is cheaper because the operating costs are cheap
ICT-based business or commonly called e-commerce can assist in business dealings of a company or individual
Utilization of technology to create new services in the economy and business include internet banking, SMS banking, and e-commerce