The answer is per capita gross domestic product. The per
capita GDP is the one responsible for measuring the country’s total output in
which they take their GDP and are being divided by how many are the people in
their own country.
The most important difference of the two or between
businesses in the profit and nonprofit organizations is that in terms of nonprofit
organizations, the organization owners does not make money, while the profit
organizations—it makes money for the organizations’ owners.
Answer:
disruptive innovation.
Explanation:
A disruptive innovation can be defined as an innovation that typically creates a new market for a product by displacing or removing an existing product from the market.
Digital photography replacing film photography would be an example of a disruptive innovation.
The diffusion of digital technologies into nearly every workplace, remaking the economy and the world of work is referred to as digitalization.
Digitalization refers to the use of digital technologies in order to change a business model and provide new revenue and value-producing opportunities. Digitalization may be viewed as a technology which affects the main economic aggregates in the economy.
In recent decades, the diffusion of digital technology into nearly every business and workplace has been remaking the economy and the world work more effectively.
Hence, the digitalization of everything has increased the potential of individuals, firms, and society to a great extent.
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