Practicing Success

Target Exam

CUET

Subject

Sociology

Chapter

Social Change and Development in India: Globalisation and Social Change

Question:

An economy in which much of the workforce is involved in designing, development, technology, marketing, sales and servicing is called :

(1) Professional Economy

(2) Knowledge Economy

(3) Paperless Economy

(4) Modern Economy

Options:

1

2

3

4

Correct Answer:

2

Explanation:
A knowledge economy is one in which much of the workforce is involved not in the physical production or distribution of material goods, but in their design, development, technology, marketing, sale and servicing.