IT is a leading factor in economic growth in developed nations. Innovation in IT leads to new services and products that contribute to the economy. It also gives a competitive edge to these nations. Also, IT has invariably made businesses more efficient; and more efficient business means greater cost effectiveness, which means bolstered economies. This reflects in better services and higher standards of living.
Nevertheless, how well do you think this logic holds up universally? For example, in nations with high poverty levels, does IT improve economies enough to provide a route out of that poverty? Does it contribute to higher standards of living? Remember that the economy, as measured by the gross national product, is not always a reflection of the standard of living since wealth might be distributed unfairly.
As an IT professional, you should be aware of how the IT industry fits in the landscape of the economy of your country, how it impacts the well-being of the society, and how it contributes to its advancement.
In this Assignment you will examine how IT contributes to the economy in your country or region and how it contributes to a better life and higher standards of living for the citizens.
RESOURCES

Be sure to review the Learning Resources before completing this activity. 
Click the weekly resources link to access the resources. 
WEEKLY RESOURCES
To prepare for this Assignment:
Review this week’s Learning Resources and seek credible external resources on the topic.
BY DAY 7
Submit a 2- to 4-page (not including title or references) paper in APA format in which you do the following:
Analyze how IT contributes to the economy in your country or region:
oAnalyze how IT impacts the standards of living and the well-being of the citizens.
oAnalyze how IT gives your country a competitive edge; or if it does not, why not?
Explain if IT can help the country out of poverty, if possible; and if not, why?
Use external credible and scholarly resources to support your post.
Refer to the Week 11 Assignment Rubric for specific grading elements and criteria. Your Instructor will use this grading rubric to assess your work.
Your document should be 2–4 pages long (not including the list of references), but it is the quality of the work that is important, not the number of pages. Cite and reference all sources using APA format and style guidelines and submit in a single document.
SUBMISSION INFORMATION
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1.To submit your completed assignment, save your Assignment as WK11Assgn_LastName_Firstinitial
2.Then, click on Start Assignment near the top of the page.
3.Next, click on Upload File and select Submit Assignment for review.