Which of the Following Concepts Refers to Changes Brought on by the Information

question 69

Multiple Choice

Which of the following concepts refers to changes brought on by the Information Revolution?

• A)feudalism
• B)tradition
• C)modernity
• D)postmodernity

---

Definitions:

Cost-benefit Analysis

A systematic approach to estimating the strengths and weaknesses of alternatives used to determine options that provide the best approach to achieve benefits while preserving savings.

Economic Project

A planned undertaking, typically with specific goals and financial frameworks, aimed at contributing to economic development or addressing economic issues.

Public Good

A good that is non-excludable and non-rivalrous, meaning it can be used by everyone and one person's use does not reduce availability to others.