Economic Impact of ICT

Description

Key points of the way that modern-day ICT can have an effect on the economy
Skeletor
Mind Map by Skeletor, updated more than 1 year ago
Skeletor
Created by Skeletor almost 10 years ago
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Resource summary

Economic Impact of ICT
  1. ICT has allowed many businesses to offer their services to overseas countries
    1. Businesses can now advertise on websites which people can view all around the world
      1. Allows people to buy products through the internet from all around the world through shopping sites such as Amazon
        1. The globalisation of businesses has expanded markets and allowed companies to streamline their operations so they can employ fewer people, decrease their expenses and therefore maximise their profits
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