9 Ways in Which Technology Helps in Alleviating Poverty

Sounds strange? Well, don’t get surprised as technology is helping most of us in incredible ways. We all need to be thankful for technology as it has proved to be one spot solution for generational poverty. It comes with various ways to put an end to poverty, but it shouldn’t be taken for granted as it can also enhance it sometimes. There is a very strong relationship between technology and poverty that needs to be known.

  1. Users get specific tools so that they can increase the value of their products

Certain ways are there through which we can enhance the value of our services and the products. Take help of technology for improving the quality of your output. The worker will fetch a better price for its hard work which they wouldn’t have usually got. For instance- it can increase farming and even can add value to fetch a better price.

  • It minimizes the cost of doing work

You can open doors of opportunities for doing business. You can work from your home. You can function as a freelancer. You can even learn many new things online. Income among the poor population also increases. For instance- users also have access to international markets with an ability to get into the global economy.

  • What leads to an increased gap between the rich and the poor?

If access to communication and information is not equal, then it can contribute to an increased parity between poor and riches. Due to this digital divide, one group gets the right tools for the development while the other one keeps languishing in inefficiency.

  • You get efficient with technology

Technology helps in enhancing the means through which factors of production gets utilized and distributed. It enables the individuals and the communities to make use of these factors accurately.

  • You can also contribute to charities and fundraisers with poor

Most of the charities have been using the net and the peer to peer platform for raising cash so that the poor people can be helped or one can even support innovations for improved welfare of those who are needy. For example- sometimes people met with an accidental natural disaster then you can help them instantly by using technology. You can help people who are miles away from you.

  • Users can even fight with the scattered corruption

There have been many countries with high levels of poverty that have contributed to diminishing corruption. You can take help of tech like Mpesa allows aids or the funds so that you can reach to particular individuals without getting occupied by bribery. Your projects can be handled well with technology.

  • Increase your knowledge with technology

One of the biggest challenge to curb poverty is lack of education. Other techniques such as TV and the Internet can give education to most people on such topics as hygiene, production, and deadly diseases. Increased information increases innovation too. Students can also go for online colleges if they are living in remote areas.

  • Having the right information is equally important

Users need to have proper access to information for curbing poverty. It should be accessed in a way that it can help the local people. Conventional details on the net will not bring any change anywhere. Information needs to be palpable so that it can make a difference.

  • Natural catastrophe can also be managed

Natural disasters like flooding, drought, and earthquakes can be handled well because underdeveloped places suffer the most due to it. It is because of mobile phones and social media that has helped in saving different lives. With technology, one can put people on high alert when there are chances of a disaster. It can also help the local people in getting aware of the relief methods.

Olivia Jones is a self-professed security expert; she has been making the people aware of the security threats.Her passion is to write about Cyber security, cryptography, malware, social engineering, internet and new media. He writes for Norton security products at norton.com/setup.

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