--- title: "Meaning & Key Takeaway of: Most economic historians concur with the…" description: "\"“Most economic historians concur with the assessment that ICT meets all of the criteria given above, and so should join the club of general purpose tec..." image: "https://sms4smile.com/quotes/i/673/anonymous-1_history_most-economic-historians-concur-with-the_2142868.jpg" --- # Most economic historians concur with the assessment that… ![“Most economic historians concur with the assessment that ICT meets all of the criteria given above, and so should join the club of general purpose technologies. In fact, in a list of all the candidates for this classification compiled by the economist Alexander Field, only steam power got more…” quote by Anonymous](https://sms4smile.com/quotes/i/673/anonymous-1_history_most-economic-historians-concur-with-the_2142868.jpg) [Download](https://sms4smile.com/quotes/i/673/anonymous-1_history_most-economic-historians-concur-with-the_2142868.jpg) [Open image](https://sms4smile.com/quotes/i/673/anonymous-1_history_most-economic-historians-concur-with-the_2142868.jpg) > ““Most economic historians concur with the assessment that ICT meets all of the criteria given above, and so should join the club of general purpose technologies. In fact, in a list of all the candidates for this classification compiled by the economist Alexander Field, only steam power got more votes than ICT, which was tied with electricity as the second most commonly accepted GPT.9”” [Anonymous](https://sms4smile.com/quotes/author/anonymous/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. ICT is considered a general purpose technology, comparable to steam power and electricity, due to its widespread impact across sectors. **In simple terms:** ICT is a broad, transformative technology like steam and electricity. Key Takeaway Recognize ICT’s broad influence. Themes technology economics history Mood analytical neutral Type explanatory informative When to use this quote - policy making - business strategy - education reform - infrastructure planning Key Concepts General purpose technology diffusion of innovation Questions to Reflect On - How does ICT reshape economic structures? - What limits its adoption? A Different Perspective ICT impact varies by region and sector; not all benefits are immediate. ★ ★ ★ ★ ★ No ratings yet [Assessment Ict](https://sms4smile.com/quotes/about/assessment-ict-4469454/) [History](https://sms4smile.com/quotes/about/history/) [Ict Meets](https://sms4smile.com/quotes/about/ict-meets-4469456/) [Steam Power](https://sms4smile.com/quotes/about/steam-power-2507048/) [Technologies Fact](https://sms4smile.com/quotes/about/technologies-fact-4469455/) [Technology](https://sms4smile.com/quotes/about/technology/) [Votes Ict](https://sms4smile.com/quotes/about/votes-ict-4469457/) ## Related quotes > [“Technological innovations had shifted the basis of England’s economy from agriculture to industry between 1750 and 1850. 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