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mobile phone and economic development - Coggle Diagram
mobile phone and economic development
Find jobs
increased number of global job opportunities.
overseas export market - businesses that sell their product overseas
an example being the simpsons with FOX Broadcasting Company and AKOM
Call centers
call centers
International Airlines
UK and Us banks
India is one of the most common call centres, with over 4 million IT workers there. They handle more than half of the worlds outsourcing and 60% of their clients are Americans. This means that if anything were to happen to the IT in India it would have major consequences on the US.
Self employment
advanced stock tracking
card payment
improves country relations
Online banking
apply for loans/investments
easier and more efficient banking
By having an online bank account, it would show your stable income and financial stability. It would also show your credit score therefore making banks more willing to grant you loans.
By signing
Helps companies keep track of money, where it goes, and also what products are most bought.
This can help the business owners what products are most popular and which products they may need to focus on buying more than the ones that aren't sold as much.
faster and easier tax payment to the government. the government can check tax records more easily and use the tax money to pay for public services.
using digital currency could be safer than physical currency for chances of it being stolen or lost or ripped for example if the currency was in paper notes.
Help with advertising businesses
By using social media platforms such as Instagram, facebook, and tik tok
attract new potential customers from other countries and therefore make more profit because there is a larger market.
communication
Find Information
Find new Job Opportunities
manage money
Savings accounts
Bank Accounts
Can be used to work remotely
Increases communication within corrporations
increases access to healthcare and education
Helping to buy and sell good online. :
Can be used to send remittances
Used to pay taxes.
Business Use
Manage money
gather information
Work remotely
Helping to communicate to companies and people overseas
Creates jobs through improved communication.
Provides instant access to online markets which can help businesses grow
Carrying out market research
