p. 1). The number of people using the Internet increases, although penetration is likely to be slower in developing countries with poor infrastructure development. Overall, the Internet has increased dependency on technology at almost every level of society. Governments, public utilities, and all finance and business activities now rely on the Internet, as do media sources. The result has been a proliferation in personal, portable electronic devices and shifts in the ways consumers shop, the ways people travel, and the ways people process information.
The Internet has resulted in increased connectivity across the globe: “humankind is now almost entirely connected, albeit with great levels of inequality in bandwidth, efficiency, and price,” (Castells,… Continue Reading...
Medicare expenditure, regulates the funds investable by entrepreneurs and the government at the federal level in the areas of energy problem resolution, development of export products, infrastructure development, creation of technology capable of facilitating clinical breakthroughs, etc. (Folland, Goodman & Stano, 2016). The disparity between economic development on the whole (3.6%) and increased healthcare expenditure (9.3%), implying an increased percentage of an increased number of resources is committed to the healthcare sector as compared with other goods, has potential effects on the private as well as public sectors (Sommers & Gruber, 2017). The latter, which comprises of municipal, state and federal governments encounters expenditure growths at a swifter pace as compared to income growth, thereby enhancing scrutiny… Continue Reading...
