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Knowledge Economy

In a Knowledge Economy, wealth could created through the exploitation of understanding information. Understanding the links between High-Energy Physics and Astrophysics resulted in the identification of 108 antimatter elements that were incorporated into Periodic Table of Matter-Antimatter Elements, discovery that comets were natural sources of mirror matter, and development of Mirror Energy technology that can convert matter and mirror matter directly into electricity. The technology exits to bring every country into twenty-first century without destroy our environment.

The rules and practices, which were successful during the Industrial Economy, are being rewriting in a World where resources such as know-how can be more critical than economic resources. The Knowledge Economy differs from the traditional economy in various ways:

Knowledge is not scarce, but is abundant in an educated society. Sharing information has synergistic effects, which can affect a countryís future existence.

Virtual marketplaces and organizations can be created that benefits of speed and agility, such as round the clock operation.

Depending upon a personís intellectual attitude, the same information or knowledge can have vastly different values.

Knowledge can enhance products or services and can result people paying a premium over comparable products and services.

Knowledge and information go to where demand is highest and the barriers are lowest as the Towers of Babble come tumbling down..

The Knowledge Economy requires new ways of thinking, different approaches by policy makers, and senior executives. Leadership will be required to take risks that are against the prevailing and slow changing attitudes and practices of existing institutions and business practice. However, for countries to thrive in the Knowledge Economy, educational institutions will also need to change to ensure students and parents learn and dream as they take their journeys though life. The World would be a far better place if everyone could live their lives following their dreams.