1. internet and Productivity
... -term growth is driven by new ideas. In the new age compared to the past, productivity has increased due to Information Technology and the Internet as compared to industrialization. Productivity measures the efficiency of work such as the output of goods and services per hour worked. Changes in a society that increases innovation and adaptation, increase economic growth. A factor, ... its use in the factory. The Internet is an improvement on efficiency of business communications with the progress of IT and the introduction of e-commerce and on-line shopping resulting in an increase in p...
- Word Count: 881
- Approx Pages: 4
- Grade Level: Undergraduate