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Data is a valuable asset to all companys. Take for instance an accounting company, All their income depends on working out figures which are stored on the computer, If this DATA was lost they would almost definetly go out of business and so to them its the most important asset. A computer can be replaced if anything goes wrong and so can employees but withount the data to work on they are useless. Also protecting this data is essential as slight modifications unbalance everything and cause havic for everyonel... Just think for a second what would happen if your data got messed up, you wake up one morning and head to the bank to withdraw some money and bang... The machine tells you your in debt, Then as your driving along a cop pulls you over for an unregistered car and you say "but I paid that last month" and apon running your licence through the computer comes up with no match... Next thing you know your into the station for having a fake identity and they can't even fine your name on the system. Everything around you starts to fall apart and all because of a little bit of data stored on a computers around the world... Data is becoming our most valuable asset. Take even the internet for example almost everything we know as the human race is stored on the internet. Even you reading this answer is a valuable piece of data as it helped solve your question.... Think about it ;)
Answer
why is data consider as an economics asset such as land, labour, capital
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Answers.com > Wiki Answers > Categories > Technology > Computers > Why is data considered as an economy asset like landlabour and capital?
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