What is a knowledge economy?

Toward the end of the 20th century new revolutions in communication and information technology gave rise to a new kind of economy (Knowledge economy) By definition a knowledge is an economy which depends on the quality and quantity of information available, which can then monetized as a commodity.

What is the World Bank Knowledge Economy Index?

It replaced the World Bank Knowledge Economy Index after 2012. This metric scores each country based on "enabling factors" for the knowledge economy. These include education levels, technical and vocational training, innovation, and communications technology. Switzerland was the top-ranked knowledge economy with a total score of 69.1% as of 2023.

What is Unit 4 in AP World History Modern?

In AP World History: Modern, Unit 4 spans from 1450 CE to 1750 CE and accounts for 12-15% of the material on the exam. This guide was updated to align with the new course! Before 1450, regional trade was all the rage as the Silk Roads, Indian Ocean network, and Trans-Saharan routes exploded with more merchants and goods flowing.