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IT & Computer Science
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Information Technology It & Computer Science Essay (Essay Sample)


Applications of Information Technology in the Global Economy


Applications of Information Technology in the Global Economy
Applications of Information Technology in the Global Economy
With major advancements in technology as well as increased internet connectivity, it is not enough to say that globalization is spreading quicker. Developing countries have equally noted this and are investing billions, if not trillions, into Information Technology (IT). With that in mind, it is quite clear how much of a blessing IT can be. From reducing production costs to digital marketing, information technology has been proven to help improve any country’s economy. Countries must not just adopt this technology into their industries and institutions. They must prioritize it in any sector of the economy. As you can see, when technology is put into good use, it could be very beneficial in enhancing economic growth all over the globe.

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