Economics · General Purpose Technologies
What is the primary channel of impact for General Purpose Technologies (GPTs) such as electricity, ICT, and AI in the context of economic development?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Bridging access gaps through cost-effective solutions
- 2Reducing transaction costs and expanding market access
- 3Raising capital intensity and quality consistency
- 4Creating entirely new economic sectors and transforming existing ones✓
Correct answer
Creating entirely new economic sectors and transforming existing ones
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