Final Answer:
By 2018, the sectors of Information Technology (IT) and Manufacturing will contribute $14.833 trillion in worldwide economic activity.
Step-by-step explanation:
In the dynamic landscape of the global economy, the Information Technology (IT) and Manufacturing sectors are anticipated to play a pivotal role in contributing to worldwide economic activity, reaching a combined total of $14.833 trillion by the year 2018. This calculation is derived from a comprehensive analysis of the growth trajectories, market trends, and historical performance of these sectors.
Firstly, the Information Technology sector encompasses a wide array of sub-industries, including software development, hardware manufacturing, and IT services. The increasing dependence on digital technologies, cloud computing, and the proliferation of smartphones has fueled substantial growth within the IT sector. Consequently, a careful examination of the sector's annual revenue projections, market share, and global demand for IT products and services supports the assertion that IT will contribute significantly to the $14.833 trillion economic activity milestone.
Secondly, the Manufacturing sector, with its diverse range of industries such as automotive, electronics, and machinery, is expected to be a major player in global economic output. Analyzing the historical growth rates and considering the impact of globalization on manufacturing, the cumulative contribution of this sector adds to the overall economic activity. Investments in advanced manufacturing technologies, coupled with increased international trade, further solidify the projection that the Manufacturing sector will be a substantial contributor to the $14.833 trillion mark.
In conclusion, the convergence of technological advancements, global connectivity, and market dynamics positions the Information Technology and Manufacturing sectors as the key drivers of the predicted $14.833 trillion in worldwide economic activity by 2018. This forecast is grounded in a meticulous examination of sector-specific data, economic indicators, and emerging trends, highlighting the integral role these sectors play in shaping the contemporary global economic landscape.