The feature displacing the manufacture of material goods as the basis of the production system is the:
A) consumption of material goods
B) development and dissemination of information and knowledge
C) establishment of a worldwide banking and financial system
D) vast increases in importing and exporting

Question

Quizplus · Accepted Answer

The development and dissemination of information and knowledge is the feature that is displacing the manufacture of material goods as the basis of the production system. With advancements in technology and communication, the ability to store, access, and share information has become increasingly important in modern production systems. This has allowed for new business models and industries to emerge, such as software development and online services, which rely less on physical production and more on the creation and manipulation of information.

The Feature Displacing the Manufacture of Material Goods as the Basis