- 1. The digital economy refers to the global network of economic activities that are enabled by digital technologies and platforms. It encompasses the production, distribution, and consumption of goods and services that are conducted electronically or over the internet. This new era of commerce has transformed traditional business models and created unprecedented opportunities for innovation and growth. The digital economy is characterized by fast-paced technological advancements, data-driven decision-making, and increased connectivity among individuals and businesses worldwide. As more industries embrace digitalization, the digital economy is reshaping the way we work, communicate, and engage with information, leading to a more interconnected and efficient global marketplace.
What does e-commerce stand for?
A) Efficient Commerce
B) Electronic Commerce
C) Exclusive Commerce
D) Economic Commerce
- 2. What is the term for a decentralized digital ledger used for recording transactions?
A) Blockchain
B) Social Media
C) AI
D) Cloud Computing
- 3. Which technology is used to protect sensitive information in the digital economy?
A) Open Source
B) Public Key
C) Encryption
D) Decryption
- 4. What does API stand for in the context of the digital economy?
A) Application Programming Interface
B) Automated Process Integration
C) Advanced Product Interface
D) Artificial Program Interaction
- 5. What platform enables individuals to create and share content online?
A) Social Media
B) Mainstream Media
C) Print Media
D) Broadcast Media
- 6. What is the main benefit of cloud computing in the digital economy?
A) Isolation
B) Scalability
C) Stagnation
D) Complexity
- 7. What concept refers to the connection of various devices and sensors to the internet?
A) Internet of Things (IoT)
B) Internet of Animals
C) Internet of People
D) Internet of Computers
- 8. What is the practice of tailoring products and services to individual customer needs?
A) Standardization
B) Generalization
C) Personalization
D) Mass Production
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