4.4 The Age of Information

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Last updated 5:33 AM on 4/13/26
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8 Terms

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The Age of Information (Digital Age)

shift from traditional industrial economies to those based on information technology

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Silicon Valley

major hub for tech companies

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knowledge economy

economy based on information technology rather than industrial or agricultural production

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middle-class jobs

assembly line works, data processors, supervisors

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developed nations

wealthy countries with advanced technology and industries

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outsourcing

companies move production to developing nations to reduce costs

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automation

replacing human labor

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