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The Role of Telecommunications in Growth - Assignment Example

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The following paper 'The Role of Telecommunications in Growth' presents the world which has been undergoing an occurrence that has seen the explosion of information technology at rapid rates. Therefore, this age has been aptly called the ‘Information Age’…
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The Role of Telecommunications in Growth
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Download file to see previous pages If information is significant to advancement, then telecommunications, as a way of sharing information is not only a relationship between people, although a connection in the sequence of the advancement processes itself. The role of telecommunications in broadcasting information can be predominantly important in rural regions where other methods of acquiring and transmission information for instance personal contact, transport, and postal services are expected to be less available.
Distance signifies time, in an all the time more time-conscious world. In economies that rely forcefully upon agriculture or the mining of resources, remoteness from urban markets has usually been improved only with the setting up of enhanced transportation facilities, often roads. Nevertheless, transportation links leave industries without the availability of information which is becoming ever more important for the production and marketing of their products.
Yet another difficulty experienced by many developing countries is the economic field. As they endeavor to expand their economies, the judicious availability of information becomes especially significant. In the demand for physical goods and amenities, rural areas could only vie across obstacles of distance and geography if they had a natural resource advantage. Telecommunications are also critical to the rising information fields in developing areas. In the areas of information goods and services, dependable telecommunications infrastructure can make geography and distance immaterial. For instance, the National Research Council reveals that for Africa, where populations and economic activities continue mostly rural-based, sharing information is crucial if Africans are to contribute to finding solutions to their own development problems. ...Download file to see next pagesRead More
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