IMAT 2026 · Question 4

Q4 - Politics and legal systems

The economic system in which digital technologies, the Internet and ICT (Information and Communication Technologies) are central to production, distribution and exchange is commonly referred to as: A) The global economy B) The technological economy C) The big data economy D) The digital economy E) The mobile systems economy
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The correct answer is D) The digital economy.

The question describes an economy in which digital technologies support the production, distribution and exchange of goods and services. For example, businesses use software to manage production, online platforms to distribute products, and electronic payments to complete transactions. These activities belong to the digital economy because digital tools and networks are central to how they operate.

A) Incorrect: The global economy refers to economic activity and connections across countries. It describes the worldwide scope of an economy, rather than the central role of digital technologies.

B) Incorrect: “Technological economy” is too general. Technology includes much more than digital tools, the Internet and ICT, so this is not the specific term the definition describes.

C) Incorrect: The big data economy focuses on the economic value of collecting and analysing large amounts of data. This is one aspect of the digital economy, but it does not cover its full scope.

D) Correct: The digital economy is the economic system in which digital technologies, the Internet and ICT play a central role in production, distribution and exchange.

E) Incorrect: The mobile systems economy focuses on mobile devices, networks and services. These are part of the digital economy, but the question includes digital technologies more broadly.

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