3+-+Changes+and+Economy

=**__Changes in Relation of Knowledge to Economic Development__**= =Economics, of course, is one of the biggest factors driving all this technological change.=

__//Trends to Consider//__

 * ==The cost of processing, storing, and transmitting data has been steadily falling==
 * ==The price of “conventional education and training” has been rising==
 * ==The labor force continues to age==
 * ==The need for continued learning to ensure employability is rising==
 * ==Information and the ability to convert that info to knowledge now drives economic, social, personal and even political development==
 * ==Information becomes out of date quicker than ever before==
 * ==This constant flow of information makes “//knowing//” information much less valuable than it used to be. We now need to know //"how to access and manipulate data"//==
 * ==So the “process of turning information into knowledge" (also known as ‘learning’) must be **continuous**==
 * ==Education has now changed from simply //acquiring// the knowledge needed to live and work to “//preparing and repairing//” knowledge over the course of our lives==
 * ==The population of older workers and older learners continues to grow. Half the US adult population has engaged in a formal learning activity – more than half of these //already had// a bachelors==
 * ==Educational institutions are no longer just “places” people come to learn, but rather “providers” of //continuing education//==
 * ==Many top corporations now have their own "universities" to continue training employees==

[|http://www.westga.edu/~distance/ojdla/fall63/howell63.html]
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