Answer :
The internet has developed into the information backbone of the global economy and reduced the constraints of location, scale, and time zone.
What is the uses of internet to economy?
The internet can be described as the global computer network which help with the provision of variety of information as well as communication facilities, having interconnected networks , and this help the global economy to improve.
Therefore, internet has developed into the information backbone of the global economy and reduced the constraints of location, scale, and time zone.
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