The correct answer is Option (3) → (A), (B), (C) only
Here's why each option is true or false:
- (A) It creates tertiary sector jobs: True. The knowledge economy primarily involves the service sector (tertiary sector), which includes jobs in education, healthcare, IT, finance, and other knowledge-based fields.
- (B) It produces goods that cannot be touched: True. The knowledge economy deals with intangible goods and services like software, information, ideas, and expertise, unlike the manufacturing sector that produces tangible goods.
- (C) It creates a network society: True. The knowledge economy relies heavily on communication and information sharing facilitated by networks, including the internet and other communication technologies.
- (D) It is dependent on agriculture: False. While agriculture remains an important sector in many economies, the knowledge economy is not directly dependent on it. It thrives on innovation, knowledge creation, and information dissemination.
- (E) It is manual labor intensive: False. The knowledge economy emphasizes intellectual work and skills like critical thinking, problem-solving, and knowledge processing, unlike the industrial economy with a heavier focus on manual labor.
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