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Information the Invisible Hand of Development and Progress

Author

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  • Mihaela Cornelia PETRACHE

    (Faculty of Economics and Business Administration, ¨Al. I. Cuza¨ University of Iasi)

Abstract

The economic, social, cultural evolution of the economic society it is based on the human´s being faculty of inventing and understanding different concepts and notions, on his spiritual activity, often materialized in goods. Beetwen the development of any kind of society and the creative activity of its members, the relation is direct proportional, being considered a real truth to say that nowadays the developed countries are considered to be that countries where the creativ and spiritual activity is appreciated, encouraged and protected in an efficient way. Economic development is a complex phenomenon..... Within society, people are perceptive to a system of general rules that provides incentives and constraints for human behavior. Institutions’ and human action’s mutuality, and also its economic and political implications, explain the essential importance of institutions in economic science and the institutional approach viability. In this articol I proposed to make an analise of the importance of information and the higher dependens of the technological sistems of the developed countries. The role of this paper is to observ the neccesity of informations in every sector of economy, the modalities of spreading the informationes.

Suggested Citation

  • Mihaela Cornelia PETRACHE, 2007. "Information the Invisible Hand of Development and Progress," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 133-140.
  • Handle: RePEc:ddj:fseeai:y:2007:i:1:p:133-140
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