Lesson 1 - Defining Globalization

 Information is a key economic resource in the information society - not that information is more widespread but it is now crucial to how businesses and the economy function. In this modern day and age, it is how companies ma...

 Information is a key economic resource in the information society - not that information is more widespread but it is now crucial to how businesses and the economy function. In this modern day and age, it is how companies make money, how the economy grows overall, and information allows us to become more productive and efficient as a society.  Consumers are key to the information society. Citizens in the information society have started using information and technology more and more. We consume more information technologies and we also use information to make choices about everything ranging from what clothes we want to buy to where we want to live.  The economy in the information age has a specific infrastructure meant for the circulation and distribution of information. In other words, the economy is structured in order to facilitate the circulation of information as a key economic resource.