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First, knowledge products are not used up physically by consumers. Second, a knowledge product knows no spatial boundary or geographical distance. Third, knowledge products consist of both the product and the idea behind it.Finally, the development of knowledge products requires creative minds and highly trained technicians.
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What are the key factors for participating in the information economy on a global basis?
The transition requires that the rules and practices that determined success in the industrial economy need rewriting in an interconnected, globalized economy where knowledge resources such as know-how and expertise are as critical as other economic resources.
What is a Industrial based economy?
an economy based on industry
What type of economy is based on mining or producing raw materials to be used in foreign industries?
An industrial economy is based on mining or producing raw materials to be used in foreign industries.
What are the key features of the post industrial economy?
A post industrial economy is one in which the importance of manufacturing decreases and that of other areas grows. Some features of a post industrial economy would be declining manufacturing, increase in the service industry, and increases in technology and creativity.
After world war 2 the us switched from a manufacturing economy to a what kind of economy?
industrial
Was it the north or south who had an industrial economy?
The north had an industrial based economy. The south had an agricultural based economy.
What is the economy in Italy?
the economy of Italy is an industrial economy
What are benefits industrial training?
1. Knowledge about industry. 2.Knowledge about industrial work for job. 3. Knowledge and experience , how industrial work done
What is a Industrial based economy?
an economy based on industry
What are the key factors for participating in the information economy on a global basis?
The transition requires that the rules and practices that determined success in the industrial economy need rewriting in an interconnected, globalized economy where knowledge resources such as know-how and expertise are as critical as other economic resources.
What are the key factors for participation in the information economy on a global basis?
The transition requires that the rules and practices that determined success in the industrial economy need rewriting in an interconnected, globalized economy where knowledge resources such as know-how and expertise are as critical as other economic resources.
What type of economy did the federalists support?
They support an Industrial Economy.
What is experience economy?
next economy following the agrarian economy, the industrial economy, and the most recent service economy.
What is the role of the industrial advocate?
what is industrial advocacy and what skills and knowledge does effective practical advocacy require? what is industrial advocacy and what skills and knowledge does effective practical advocacy require? what is industrial advocacy and what skills and knowledge does effective practical advocacy require?
Is the economy of Mexico agricultural or industrial?
It is a mixed economy, but industrial production has outpaced agricultural production since 40 years ago.
Is a mixed economy basically a command economy?
No, a mixed economy is basically a market economy with regulations and industrial policy.
What was the England economy economy in the 1800's?
Industrial
