FEATURES OF OLD ECONOMY

DIGITAL DIVIDE

Digital divide is the gap between people with effective access to digital and information technology and those with very limited or no access at all. It is the gap between those who use computers and the internet and those who do not. It is the unequal access by some members of society to information and […]

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DIGITAL DIVIDE

OLD ECONOMY Old economy is the economy system mainly based on subsistence farming. It involves trade by barter. It is associated with the under-developed or developing countries of the world.   FEATURES OF OLD ECONOMY Its processes were time consuming. It required a lot of labour. It was mechanically driven. Scarcity of labour and low

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