subject: To Accelerate The Development Of Economy - Great Powerful Information Technology [print this page] As known, there are a lot of factors having significant influence on economy development. Here, let us talk something about one of the most important factors - information technology!
It's said that the advanced information technology is the fundamental power of the economy in the 21st century. Is it true or not? Currently, the information technology revolution has stepped into a new phase: You are able to achieve many things with the help of information technology, such as shopping at home conveniently, or doing international business without going abroad.
With no doubt, information technology is of great significance to accelerate the development of economy! It can save much time for entrepreneurs to sign an agreement through the Internet. In this way, it has improved the performance of the whole society. As most people believe, time could be everything. We can try to save time as much as possible to increase our social productivity.
Here, I will give you some data to prove that information technology has improved the productivity growth rapidly. Between 1977 and 1995, the productivity in the non-agricultural industries just rose about 1.3% per year, which had contributed to a decline in the wages of many workers. However, from 1996 to 1999, productivity grew an average of 2.6% every year.
Obviously, the information technology is of tremendous power to make a great contribution to the development of economy. It has directly made the B2B e-business and B2C e-commerce a resounding success!
To sum up, the powerful information technology accelerates the development of economy with a rapid growth of GDP and labour productivity. It has strengthened the connection among countries and devoted to the economy globalization. In other words, the information technology is capable of reducing production cost and promoting international invest.
