What were two factors that changed Utah’s economy from being based on the manufacturing of things to the movement of information?
(2 points
1. The advancement of technology, specifically the internet and digital communication tools, allowed for the easier and faster dissemination of information. This made it more efficient for businesses and individuals in Utah to exchange information and conduct transactions without the need for physical manufacturing.
2. The globalization of the economy also played a significant role in shifting Utah's focus from manufacturing to information-based industries. With increased competition from overseas manufacturers, Utah businesses needed to adapt and find new ways to stay competitive. Transitioning to information-based industries allowed them to leverage their expertise and knowledge rather than relying solely on physical production capabilities.