Advances in technology have helped to decrease birth rates and lengthen life expectancies , with projections estimating an increase in the number of elderly to 20% of the total population by 2025. This means that one in every five Americans will be elderly.
Read moreWhat are the impact of technology in the economic development of Nigeria?
It also shows the growth rate as an engine to the development of economies of developing countries like Nigeria in this 21p century. ICT services have help in the improvement of the markets, reduction in transaction costs and increase productivity through better management in both public and private sectors .
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