In the "Information age" infinite quantities of facts are widely available to anyone who can use a computer.
<h3>What is Information age?</h3>
The Information Age, also known as the -
- Computer Age,
- Digital Age,
- Silicon Age, or
- New Media Age,
It was a time in history that started in the middle of the 20th century. It was characterised by a quick transition from the traditional industries created by the Industrial Revolution to an economy based primarily on information technology.
The effects of Information age are-
- Information and communication technology (ICT), which includes computers, computerized machinery, fiber optics, communication satellites, the Internet, and other ICT tools.
- Compelled workers to compete in a global labor market, for example, which had a variety of effects on the workforce. Replaced manual works with automated tasks.
- While requiring less labor and capital, industry has grown more information intensive. Workers have gotten more productive as the value of their labor declines, which has serious ramifications for the workforce. The value of labor declines as the value of capital rises for the capitalism system as a whole.
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This is more of a your type of opinion question. For instance, taxes
will bring in more money for the government, right? However, it will
put a bigger hardship on the lower and middle class. For every action
that happens government wise - it has a reaction.
The answer
would all be up to you, personally and if you think it'd be a good
choice or not. Personally, I think raising taxes won't make that much
of a fix - seeing as the United States is in so much debt. However, the
jobs stimulus packages that are out there are doing great creating
jobs.
Use your best judgement!
Answer:
Remember:
- The economy runs on money and doesn't like uncertainty
- A recession is when the economy takes a really big hit
- When a business closes - especially a big one - money is lost
When a business closes, consumers have to spend their money in a different sector, or they end up saving what they were expected to spend. This causes a fluctuation in the markets, something the economy doesn't like. For example, right now, many businesses are temporarily shutting down, while others are closing permanently. This has caused the economy to spiral downhill because the money flow has changed. People are no longer spending money on things like entertainment, and are instead stocking up on essentials. However, other people can't pay their staff's wages and are considering closing their businesses. When one business closes, the workers aren't getting paid, the consumers aren't spending money, and the economy get's nervous. I hope this makes sense :)
<span>In the 1796 election, John Adams, the Federalist Party presidential candidate, received a majority of the electoral votes. However, the Federalist electors scattered their second votes, resulting in the Democratic-republican party presidential candidate, Thomas Jefferson, receiving the second highest number of electoral votes and thus being elected Vice President</span>
