Question
Knowledge economy
Answer :
Word Count : 561
The knowledge economy is an economic system in which the creation, acquisition, dissemination and effective use of knowledge become the major sources of economic growth, productivity and social development. Unlike the traditional economy, which depends heavily on land, labour and physical capital, the knowledge economy gives greater importance to information, innovation, education, skills, research, technology and intellectual capabilities. In the context of Information, Communication and Society, it highlights how information and communication technologies (ICTs) have transformed the production, distribution and application of knowledge. The growth of the knowledge economy is closely associated with the development of computers, the Internet, telecommunications, digital platforms and other information technologies. These technologies have made it possible _____ __________ ________ _______ _______ ______ ___ ____ ______ ____ ________ ____.
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The knowledge economy is an economic system in which the creation, acquisition, dissemination and effective use of knowledge become the major sources of economic growth, productivity and social development. Unlike the traditional economy, which depends heavily on land, labour and physical capital, the knowledge economy gives greater importance to information, innovation, education, skills, research, technology and intellectual capabilities. In the context of Information, Communication and Society, it highlights how information and communication technologies (ICTs) have transformed the production, distribution and application of knowledge. The growth of the knowledge economy is closely associated with the development of computers, the Internet, telecommunications, digital platforms and other information technologies. These technologies have made it possible _____ __________ ________ _______ _______ ______ ___ ____ ______ ____ ________ ____.
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