List three ways of how computers have benefited the economy in south africa. motivate your answer.

1. How have computers benefited society?
2. How is computer technology useful in the process of Economics learning?
3. What is Computer economy?
4. What are the economic benefits of Internet?
5. What is the benefit of computer?
6. What is the impact of computers on society economy and culture?
7. How computers improved the production of goods and services?
8. How does technology impact the economy?
9. What are the 3 economic resources?
10. What are the benefits of economic growth?

How have computers benefited society?

Computers benefit the business and personal world by being able to do the following more efficiently: buying and selling products, communicating throughout the world, enhancing our knowledge, job influences, entertainment, research, and paying bills. ... Computers are improving healthcare through robotics and research.

How is computer technology useful in the process of Economics learning?

Computer technology handles our modern economy. There are various kinds of software and programs used to deal with economic data. ... Power point presentation can be used to represent data in slid format.

What is Computer economy?

Computer Economics is an IT research firm focusing on the strategic and financial management of information systems. ... Its IT Spending, Staffing, and Worldwide Technology Trends study, first published in 1990, is based on its annual survey of IT executives in the U.S. and Canada.

What are the economic benefits of Internet?

The Internet will produce significant cost savings in many sectors of the economy, resulting in faster productivity growth. It will also produce lower prices for consumers, resulting in faster growth in living standards.

What is the benefit of computer?

Computers increase your productivity and, with a good understanding of the software running on them, you become more productive at everything you do. For example, once you have a basic understanding of using a word processor, you can create, store, edit, share, and print documents and letters.

What is the impact of computers on society economy and culture?

Computers have changed the way people relate to one another and their living environment, as well as how humans organize their work, their communities, and their time. Society, in turn, has influenced the development of computers through the needs people have for processing information.

How computers improved the production of goods and services?

Computer-Aided Manufacturing

CAD/CAM systems permit companies to design and manufacture goods faster, more efficiently, and at a lower cost, and they're also effective in helping firms monitor and improve quality. CAD/CAM technology is used in many industries, including the auto industry, electronics, and clothing.

How does technology impact the economy?

Productivity is the main long-term propeller of economic growth. Technology-enabled innovation is the major spur to productivity growth. ... Firms at the technological frontier have reaped major productivity gains, but the impact on productivity more widely across firms has been weak.

What are the 3 economic resources?

There are three categories of economic resources: natural resources, human resources, and capital goods.

What are the benefits of economic growth?

Economic growth means an increase in real GDP – an increase in the value of national output, income and expenditure. Essentially the benefit of economic growth is higher living standards – higher real incomes and the ability to devote more resources to areas like health care and education.