WHAT IS THE ECONOMIC VALUE OF COMPUTER PROCESSED INFORMATION???
How does computer processed information add value to the economy? How does it benefit the economy? Please give me relevant information and examples. Thanks a lot!
2006-11-06 05:29:04 · 8 answers · asked by Silent 1 in Computers & Internet ➔ Other - Computers
Hey guys thanks for answering questions..Others, Please answer!! I need something more longer and more informative.
2006-11-06 05:43:22 · update #1
Ooops I made a typo in my previous detail. I meant "Thanks for answering my question"
2006-11-06 05:44:17 · update #2
It saves manpower ...
2006-11-06 05:34:34 · answer #1 · answered by seXy 3 · 1⤊ 0⤋
The economic value of computer processed information may be seen when information contained in a programme, device, product, method, technique or process in the computer provides economic data or information. Every office of the State Government or Public Authority maintains the records in such manner and form and every citizen shall have the right to obtain information from the computer about topics related to the economy like, gross economic income, etc.
2006-11-06 14:09:13 · answer #2 · answered by ? 7 · 0⤊ 0⤋
It also makes a lot more work a whole lot easier and faster. It adds mass communication and instant contact with people. Just think about it and there's lots good benefits. What about the risks and prices paid for use of the processed economy. What about fraud?
Etc...
2006-11-06 13:38:27 · answer #3 · answered by SuperCityRob 4 · 0⤊ 0⤋
here if the processed information is required to an important decision then we can say that is much economic. if anyone is not asking to your processed information then it is not more economic. it would be depend on the requirement. here we can think that your information fullfilling the requirement of the enduser & management then it is more economic. at the end of this answer i want to say that economic word is depend on the requirement of information & the quality of the information.
2006-11-07 02:45:29 · answer #4 · answered by Wazir S Sheokand 1 · 0⤊ 0⤋
The value is variable in various sector sectors some times is expensive some times it cheaper. it depends on the information it is processing.
example: books can be printed by Desk top publishing. it reduced huge cost of printing press and composing staff. creates more self employment.
2006-11-06 23:19:53 · answer #5 · answered by The Prince of Egypt 5 · 0⤊ 0⤋
Computers add value because everyone needs one now so whole new industries have opened up and good jobs available from those industries.
2006-11-06 13:39:08 · answer #6 · answered by Marissa 6 · 0⤊ 0⤋
The two important points i thnk is that
1) Faster answers
2) Accurate (Very important in computation processes)
2006-11-09 02:17:22 · answer #7 · answered by kaun 2 · 0⤊ 0⤋
faster results
2006-11-06 13:37:32 · answer #8 · answered by Magick Kitty 7 · 1⤊ 0⤋