Final exam questions on digital economy for final exam



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Final Exam questions on Digital Economy (2)


FINAL EXAM QUESTIONS ON DIGITAL ECONOMY FOR FINAL EXAM

  1. What is digital economy?

Key words: economy, digital, information technologies,

Digital economy is one collective term for all economic transactions that occur on the internet. It is also known as the Web Economy or the Internet Economy. With the advent of technology and the process of globalization, the digital and traditional economies are merging into one. Let us learn more about this concept of digital economy


The digital economy is the study of human economic activity, which involves the widespread introduction of electronic and information and communication technologies in the production, distribution and consumption of social goods
Digital economy” is used to express two different concepts
First, the digital economy is a modern stage of development characterized by the predominance of the benefits of creative labor and information.
Second, the digital economy is a special category, the object of study of which is the information society
The digital economy is a general technological process that ensures the overall development of the economy

  1. Writing key points in the stages of the development of the digital economy in the world?

Key words: 1990-2005, 2005-2010, 2010-2015, 2015-2020, 2020-2030.

Step 1:

  • Process computerization and automation (including ARM, ERP, EDI, SRM, CAD, ASU, ASUTP, etc.)

  • Telecommunications - wired and wireless, optical communications

Step 2:

  • Online platforms (search engines, e-commerce platforms, distance learning, social networks)

  • Cloud and virtual technologies

Step 3:

  • Predictive big data analytics, Internet of Things, robotics, additive technologies (including 3D printers), artificial intelligence (including machine-assisted learning)

1990-2005: The emergence of the digital economy, which can be divided into four parts - the dot-com era, the development of new e-services markets, the emergence of e-business and e-commerce.


2005-2010: The growth period of the digital economy - during this period, e-services were launched and new types of electronic products were created.
2010-2015: The digital economy is in its infancy, with online opportunities emerging and digital technologies are slowly making inroads into traditional business as well.
2015-2020: The unexpected penetration of digital technologies and the transformation of traditional business models, as well as the emergence of several new e-business models.
2020-2030: Systematic transformation of digital technologies, ie the implementation of digitization on the basis of a systematic approach and raising them to a qualitatively new level based on cryptosystems.



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