THE ADVANTAGES OF USING INFORMATION TECHNOLOGIES IN THE ECONOMY.

The effects of information technology in every facet of human endeavor have become very tremendous as information technology tool keep redefining and restructuring society. It is therefore, obvious that its impact on the global economy is tremendous as it has redefined world economic concept. The impact of industrial revolution and many previous technologies cannot be compared to that of information technology revolution. The major aim of this article is not just to eulogize the great effects of information technology on world economy, but to also bring to the fore the attendant divide the use and access to the tool is creating between less developed and developing communities, nations and continents. In order to achieve this objective, we did review the various testimonies about the impact of information technology in different human endeavours, and by extension world economy