What is the role of technology in emerging economies?
Technology plays a crucial role in emerging economies by driving innovation, improving efficiency, and creating jobs.
Can you give examples of how technology is being used in these economies?
Sure! For instance, mobile banking has revolutionized financial access in countries like Kenya, enabling millions to save and transact.
What challenges do these economies face in adopting new technologies?
Challenges include limited infrastructure, lack of digital literacy, and regulatory hurdles that can slow down technology adoption.
How can governments support technology growth in these regions?
Governments can invest in infrastructure, provide incentives for tech startups, and promote education and training in digital skills.
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