Medien IT is Pervasive & Indispensable

IT is Pervasive & Indispensable

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Image: Information technology capital investment, defined as hardware, software, and telecommunications equipment, expanded from 19 percent of all business investment to 35 percent during the period from 1980 to 2003. Source: Based on data in U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts, from: Laudon & Laudon (2015).