answersLogoWhite

0


Best Answer

E-commerce and community economic development: is also considered by a second paper presented by Prof. Thorstein. He argues that virtual commerce interacts with geographically bound communities, creating new opportunities for economic development. After an overview of e-commerce potentials and requirements, the paper proposes a business model for community development where e-commerce can serve information exchange (billboards), raise traffic through portals or value-added services (such as emails and Web Hosting), create communities of consumers, or facilitate the brokering of transactions and auctions, and serve as virtual currency (e-money).

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the importance of ICT in economic development?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the impact of information communication technology in the economic development?

the impact of ict and the use of it in schools


What is the current development in ict?

meaning of the laatest development in ict


What is importance of petroleum in economic development?

It has a lot of importance since most of the world's fuel is based on petroleum in some way.


What are importance of spatial planning?

Balance between the socio-economic development and environment.


What are the importance s of computer software in the development of ict globally?

system soft were is most important part of computer . we can't see and tough it.


What is the importance of ict in store and material management?

what is the application of ICT in stores management


What is importance of sociology in economic development?

The importance of sociology of development as a subject is that it helps the student develop applications on some of the methodological tools. The other importance is that it makes scientific study of the society.


What is the importance of Filipino seafarers in the Philippine economic development?

seafarers are the new blood of philippine economy ....


What has the author Lawrence Dale Dreyer written?

Lawrence Dale Dreyer has written: 'The importance of liquidity in present-day economic development' -- subject(s): Economic development, Liquidity (Economics)


What is the role of ict in the hospitality industry?

explain the importance of use of ICT in hospitality industry with the advantages and disadvantages


Conclusion open source sofware and latest development in ict?

Conclusion of the latest open source software available and the latest development in ict


Importance of ict in business?

Importance of using ict in buisness is that improves the buisness complexity and function as well as reduce work production and lastly help organize a buisness.