What are potential challenges that the information economy produces? (1 point) Responses spread of disease spread of disease increased competition increased competition data privacy data privacy climate change climate change

Answer 1

The potential challenges that the information economy produces include:

1. Data Privacy - As more personal and sensitive information is collected and shared in the digital realm, the risk of data breaches and misuse of information increases, raising concerns about individual privacy and security.

2. Increased Competition - The information economy can lead to a faster-paced competitive environment, where businesses must constantly innovate and adapt to keep up with technological advances and consumer demands.

These challenges can significantly impact individuals, businesses, and society overall, making them critical issues to address in the context of the information economy.