The 21-century economy is based mainly on
A)information and knowledge.
B)physical labor.
C)a supply of raw materials.
D)capital.

Question

The 21-century economy is based mainly on 
A)information and knowledge.
B)physical labor.
C)a supply of raw materials.
D)capital.

Quizplus · Accepted Answer

In the 21st century economy, advancements in technology have led to a shift towards a knowledge-based economy, where information and knowledge are key drivers of economic growth. Many industries, such as technology, finance, and healthcare, require highly skilled workers who possess specialized knowledge and expertise to create innovative products or services. As a result, countries that invest in education and research to foster these skills are likely to have a competitive advantage in the global economy.

The 21-Century Economy Is Based Mainly on