The effective exchange of information is the foundation of most economic transactions.This is known as:
A) exchange theory
B) personal selling
C) the value-added economy
D) the information economy
E) the post-consumer economy

Question

Quizplus · Accepted Answer

The effective exchange of information is what underpins the information economy, where the value of goods and services is based on the information they provide or the knowledge they enable. This economy is characterized by technological advancements that enhance the exchange of information and enable faster, cheaper, and more efficient transactions.

The Effective Exchange of Information Is the Foundation of Most