Knowledge Economy
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It has been argued that the United States' economy is shifting from a manufacturing base to a knowledge economy. What is a knowledge economy? What changes will be necessary for the shift to a knowledge economy?
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This solution discusses knowledge economy.
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A knowledge economy focuses on the production of knowledge regarding economic constraints wherein in this economy knowledge is the product of the economy. Within this economy, knowledge and expertise are paramount and must be possessed by workers to succeed globally in the new reality of global economics. Therefore, the assertion that America is moving from a ...
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