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The digital economy refers to an economic system powered primarily by digital technologies and internet-based transactions. It encompasses a wide range of activities including e-commerce, online banking, digital marketing, and cloud computing. This economy is characterized by a high degree of connectivity, reliance on data, and the significant role of knowledge and information. It has transformed traditional business models and consumer behaviors, enabling more efficient, globalized, and personalized services. The digital economy is a major driver of innovation, competitiveness, and economic growth in the modern world.
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