Digital Economy

The digital economy refers to an economy that is primarily based on digital technologies, particularly Internet-based tools and platforms, which facilitate commerce, communication, and service delivery. It encompasses a wide range of economic activities that utilize digital processes to improve and enhance traditional business operations, innovate products and services, and transform the way consumers interact with economic systems. Key components include e-commerce, digital financial services, online advertising, and the creation of digital content and platforms. The digital economy enables increased efficiency, accessibility, and reach for businesses and consumers, significantly influencing global economic dynamics, labor markets, and consumer behavior.