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Democratization of technology refers to the process by which access to technology rapidly extends to an ever-broader audience, especially from a select group of people to the average public. New technologies and improved user experiences have empowered those outside of the technical industry to access and use technological products and services.
The relationship between modernization and democracy or democratization is one of the most researched studies in comparative politics. Many studies show that modernization has contributed to democracy in some countries. For example, Seymour Martin Lipset argued that modernization can turn into democracy. [19]
A chart of accounts (COA) is a list of financial accounts and reference numbers, grouped into categories, such as assets, liabilities, equity, revenue and expenses, and used for recording transactions in the organization's general ledger. Accounts may be associated with an identifier (account number) and a caption or header and are coded by ...
Legacy modernization, also known as software modernization or platform modernization, refers to the conversion, rewriting or porting of a legacy system to modern computer programming languages, architectures (e.g. microservices), software libraries, protocols or hardware platforms. Legacy transformation aims to retain and extend the value of ...
Democratic rationalization is term used by Andrew Feenberg in his article "Subversive Rationalization: Technology, Power and Democracy with technology." Feenberg argues against the idea of technological determinism citing flaws in its two fundamental theses.
Whether you call it revenge or democratization, index assets exceeding active assets is an amazing development, given that active retail mutual funds have been around roughly forever, while retail ...
Technological change (TC) or technological development is the overall process of invention, innovation and diffusion of technology or processes. [1] [2] In essence, technological change covers the invention of technologies (including processes) and their commercialization or release as open source via research and development (producing emerging technologies), the continual improvement of ...
Whether and to what extent democratization occurs can be influenced by various factors, including economic development, historical legacies, civil society, and international processes. Some accounts of democratization emphasize how elites drove democratization, whereas other accounts emphasize grassroots bottom-up processes. [3]