Society 5.0: Modernization, Economy, Security, and Smart Contracts
1. Impact of Economic Changes on Society
Economic growth is often accompanied by a healthy cash flow in a country’s funding. This leads to increased spending on public services and facilities in areas such as health, sanitation, transport, and education. It also opens up new trade opportunities, generating more income for businesses of all sizes.
However, economic growth also brings about a significant increase in the cost of living. The economic growth of a country is directly proportional to the value of its currency, which determines the nation’s resource - power in international markets.
In Society 5.0, factors like regional differences, age, language barriers, and gender will
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