An economic system where workers use their expertise to create knowledge-based products, like marketing.Group of answer choicesKnowledge economyServicesAlternative economic geographiesSocial reproduction
Question
An economic system where workers use their expertise to create knowledge-based products, like marketing.Group of answer choicesKnowledge economyServicesAlternative economic geographiesSocial reproduction
Solution 1
The answer to your question is "Knowledge economy". This term refers to an economic system where the production of goods and services is based primarily on knowledge-intensive activities. In a knowledge economy, a significant part of a company's value may consist of intangible assets, such as the value of its workers' knowledge (intellectual capital). This type of economy relies on the use of technology to leverage the intellectual capital of its workers to create and distribute knowledge-based products or services.
Solution 2
The answer to your question is "Knowledge economy". This term refers to an economic system where the production of goods and services is based primarily on knowledge-intensive activities. In a knowledge economy, a significant part of a company's value may consist of intangible assets, such as the value of its workers' knowledge (intellectual capital). This type of economy relies on the use of technology to leverage the intellectual capital of its workers to create and distribute knowledge-based products or services.
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