Nepal needs to embrace information technology for a promising future
Photo by Kevin Ku on Unsplash Technology is a multi-dimensional term, it can be defined as a practical application of knowledge and skill to accomplish work in an efficient way. It can be tangible assets like machinery, equipment, utensils etc. or intangible assets like ideas, innovation, software etc. or a combination of both. Technology is one of the major factors driving the economy in the present day. Several theories have been developed in economics considering land, labour, capital and entrepreneurship as the factors of production. Modern economists argue that technology-driven economies have higher speed growth rates so most of the countries are trying to adopt advanced technology in the various sectors of the economy. After the industrial revolution of the 18th century, technology was given high priority which altered the agricultural system, manufacturing industries and distribution channels. Technology intervention grew up for the production and distribution of goods as...