The computer has affected the society in both negative and positive ways. For example, while it has enabled faster dissemination of information, it has caused corrosion of human cultures.
having no economic importance or implication
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The economic implication of withdrawal of fuel subsidy on the Nigerian economy is that the economy growth rate will decline. This will be occasioned by the rise in the cost of production.
Implication can be categorized into several types, including logical implication, which refers to a relationship between statements where one statement necessarily follows from another; causal implication, which denotes a cause-and-effect relationship; and social implication, which involves the consequences or effects of actions or policies in societal contexts. Additionally, there are also normative implications, which pertain to moral or ethical considerations arising from a situation or decision. Each type plays a significant role in different fields, such as philosophy, logic, and social sciences.
Computers have revolutionized communication, making it easier to connect and collaborate across distances. They have also impacted employment by changing the types of skills and knowledge needed in the workforce, leading to concerns about job displacement and retraining. Additionally, the widespread use of computers has raised issues around privacy, security, and digital divide among different socio-economic groups.
Economic implication refers to the consequences or effects that a particular decision, policy, event, or trend has on the economy. This can include impacts on growth, employment, inflation, income distribution, and overall economic health. Understanding economic implications helps policymakers and businesses make informed decisions by evaluating potential outcomes and trade-offs. Essentially, it highlights how changes in one area can ripple through the broader economic landscape.
it would be that your children may follow in your footsteps
Can Social and Economic Goals be successfully negotiated by Social Enterprises?
Which of the following is not considered an economic and social goal of society?economic efficiencystabilityeconomic growthentrepreneurship
Social cost is part of economic growth because overall economic production is a function of social benefit minus social costs.
Social implication is the types of social factors which affect the business i.e. satisfied customers; better local environments; local employement or motivated workforce.
Man is a social being with a social contract with the society but with economic ability to produce good and services for his economic human wants and needs.