Question

In: Economics

How does high GDP correlate with high Internet connectivity?

How does high GDP correlate with high Internet connectivity?

Solutions

Expert Solution

Hgh GDP correlate with high Internet connectivity as better GDP through internet connectivity

The good  Internet connectivity will produce vital cost savings in many feild and sectors of the economy, which will resulting and developing in faster and quick productivity growth of the economy . High Internet connectivity also produce lower prices for consumers, helping in faster and rapid growth in living standards.

The connection between Internet connectivity & economic development are correlatable as Internet access is clearly a function of economic development, there is a  positive contribution of high Internet connectivity to job creation in developed and developing countries.The development of mobile and fixed internet networks is fuelled by banking, education, oil, gas, and manufacturing sectors. Which will increase the GDP growth of an econmy. Many countries reduce the cost of Internet and also bring high speed internet connectivity."Doubling internet speeds for an economy will add more percent to GDP growth." For example Germany (0.3%) growth in GDP from high Internet connectivity.

So we can say that Better and higher GDP with higher internet connectivity:.


Related Solutions

1) how does high GDP correlate with high internet connectivity? 2) Describe digital risk and how...
1) how does high GDP correlate with high internet connectivity? 2) Describe digital risk and how they can be controlled. 3) Describe mayday of international Telecommunication union.
How does Taylor Rule and monetary policy correlate?
How does Taylor Rule and monetary policy correlate?
What is connectivity? What is a computer network? What are the Internet and the Web?
What is connectivity? What is a computer network? What are the Internet and the Web? What is cloud computing, the wireless revolution, and IoT?
how does lack of employee appreciation correlate with social loafing?
how does lack of employee appreciation correlate with social loafing?
how does the regulation of blood glucose and the immune system correlate?
how does the regulation of blood glucose and the immune system correlate?
compare and contrast spongy and compact bone. how does their structure correlate with their function.
compare and contrast spongy and compact bone. how does their structure correlate with their function.
What’s going in the international news today and how does it correlate to the United States
What’s going in the international news today and how does it correlate to the United States
How does the map unit correlate with recombination frequency? a. There is no correlation between recombination...
How does the map unit correlate with recombination frequency? a. There is no correlation between recombination frequency and map units. b. The number of map units is inversely proportional to the recombination frequency between genes. c. 1 map unit is equal to 10% recombination. d. 1 map unit is equal to 1% recombination. A white-eyed Drosophila female would have the genotype: a. XWXW b. XWXw c. XwXw d. XWY e. XwY Cinnabar eyes is a sex-linked recessive trait in Drosophila....
What forms of local and global entrepreneurship have arisen in the wake of increased Internet connectivity...
What forms of local and global entrepreneurship have arisen in the wake of increased Internet connectivity in emerging markets? When answering, analyze the forms arised in different sectors such as health, communication, transport etc., providing examples.
As your concern, distinguish the type of attacks targeting the web browser through the internet connectivity,...
As your concern, distinguish the type of attacks targeting the web browser through the internet connectivity, protection to your personal information and data are important as matter discuss the characteristics of weak passwords shall individual to avoid and define the function Virtual LAN perform in protecting the network environment and the data.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT