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Impact of technology on the global economy
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Internet Technology
The developed countries managed to develop their economy by technology. The rich countries have sought access to the Internet for use in the development of the economy because they know the use of the Internet will develop countries. Most of the developed countries used the Internet fantastically in the development of the state in all respects, not only on the economy. However, the developing countries did not use the technology to develop their countries. Because of this, they cannot develop their economy unless they take advantage of the Internet to develop the economic situation. Now the poor countries are trying to use the Internet after they saw the developed countries use it to increase their economy. The best way
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They want to give the developing countries money and food to help the people who live in these countries. Because of this, they can use the money to start their businesses and other charities to increase the level of living for their citizens. However, the developing countries need the Internet to increase their economy. According to Info Dev in this article “The Wireless Internet Opportunity for Developing Countries” the developing countries are thinking that “They do suggest that wireless Internet can indeed be sustainably and in some cases profitably deployed in support of economic and social development objectives in developing countries” (The Wireless Internet Opportunity For Developing Countries). Because of this, if they get money and food they might do not use it in the right way to improve their businesses. Also, they are worried about charities, because if they give to all the people who live in their countries, they could run out of food or probably there is not enough for everyone in these countries. Because of this, they need the Internet to start their businesses and all people get the benefits from it. The best way to improve the economy of the developing countries is to give them
Poor countries do not always have resources to fit the bill of education services for technology. “For children in poor countries, future connectivity promises new access to educational tools…” (Schmidt 227). “Physical classrooms will remain dilapidated; teachers will continue to take paychecks and not show up for class; and books and supplies will still be scarce” (Schmidt 227). A survey was done in 2012 about Ethiopia give out tablets fully loaded with educational information to poor country; it irresistibly gave poor students a wealth of knowledge where students could write and speak English (Schmidt 227-228). Inversely, the education of poor countries has hit all time low. The countries that do not have the finance to buy or create technology for classes is detrimental to the country growth. Technology must be available for everyone. The world is hindered from becoming a better place without technology being present in education. “Just imagine the implications of these burgeoning mobile or tablet-based learning platforms for a country like Afghanistan,
As domestic economies globalize, the line has blurred from where an item is built, where it is sold and where it is serviced. It provides opportunities for individuals in many communities to expand their knowledge and learn about other cultures. Outsourcing has flourished in China and it has enabled its citizens to hone their skills by broadening their education to learn new trades and has created new wealth in a rather lifeless economy. The internet and email has been the main force, for it provides people from all over the world the ability to communicate and learn about each other. The Internet is expanding people’s minds; it facilitates media reform, and to a certain degree may provide legal reform.
Uganda, formally known as the Republic of Uganda, is a poverty stricken country plagued with economic instabilities. Since the 1980’s, the economy has remained on a fairly steady climb, but many have doubts about the continuation of growth. Uganda will never achieve a stable economy if they do not establish changes to their infrastructure. To implement these modifications and maintain economic progression, Uganda will need 1) better government determination to end corruption, 2) commitment to improve the weak educational reforms, and 3) a decrease in their export vulnerabilities. Fortunately, the country is experiencing a much needed evolution in telecommunication which could be the single most contributing factor for an improved economy.
"In the modern and technologically advanced times that we live in, access to the internet is a human right and necessity to the developed world. It often helps to promote sociopolitical awareness and understand the rights that we deserve as human beings.
Internet has changed our world a lot in good way. But things are not always in good way.
It was concluded in this study that extreme control over the Internet will only disadvantage a country. Besides keeping the information technology sector out of date, the economy will not grow to its potential and at the same time, shelter the people of a country from information that they have the right to know. Nonetheless, there should be some level of gatekeeping and control over the Internet that is aligned with the freedom of speech and expression.
The Internet appeared in the 1900s but became widely popular in the 1980s and in the 1990s. Robert McChesney’s book titled “ Digital Disconnect” talks about how corporations have been able to monopolize the Internet for worse. The book goes on to tell how it prevents the expansion of democracy and promotes inequality through many forms, one being capitalism. To understand how capitalism got a hold of the Internet and why, people need to understand how capitalism got to the way it is now. As stated in McChesney’s book 8 to 10 thousand years ago, humans created a surplus of what was needed and it was being overproduced in agriculture and with domesticating animals, so people would begin to trade or sell in order to get other things
Uganda is a land-locked country located in East Africa, bordered by the Democratic Republic of Congo, Kenya, Rwanda, Sudan and Tanzania. It is a developing country and with a population of about 36.35 million inhabitants, it is one of the fastest and most consistently growing economies in Africa. Uganda Communications Commission (UCC) is the country’s regulator of the communications sector. According to World Bank’s data, the number of mobile cellular subscriptions in Uganda has been increasing gradually every year; reaching a mobile subscription of 45 (per 100 people) in 2012 from 29 in 2009. This makes 16.35 million mobile subscribers as of 2012 which is forty-five percent of Uganda’s total population. The introduction of mobile telephony has revolutionized the country’s telecommunications industry which is now considered over-crowded with a presence of eight networks in the market. MTN launched its services at Uganda in 1998 and since the recent launch of LTE network in April 2013, MTN it has become one of the leading telecoms in Uganda.
The recent trend toward globalization in mass communications has had a drastic effect on the world. The amount of information available to anyone at the touch of a button is astounding. Things that are taken for granted in first world countries are hardly thought of in developing nations. Common realities like the Internet, instant international exchanges, and globalization are of no consequence in the day to day struggle to survive. This will change as more people gain access to the technology. In theory, the power of globalization and the information it provides can make people's lives easier, especially those living in third world countries. One nation where such dreams have the possibility of being realized is Bhutan. A small country in Southeast Asia, it has recently opened itself to the outside world. The advent of the Internet in Bhutan has tremendous potential. What will happen is hard to predict. The combination of Bhutan's unique culture, geographical location, and long history of isolation paired with the capabilities of mass media will make for an interesting ride.
The new age of technology was born late last century in the form of the silicone chip. Since this early invention computers have progressed in leaps and bounds from the very basic early models to the now very complicated and very powerful computers of today. In between this growth the Internet developed into a mega market where billions of dollars are traded daily. It is a place where you can pretty much buy and sell anything you can think of. But with the development of such a powerful tool there are always going to be problems such as pornography, hackers, dodgy chat rooms and authenticity of information. But like with any argument you have to weigh up the good with the bad, the internet provides you with a wealth of information so that you can find out much on many different products, allows businesses to function so much more efficiently, there is also the availability of online learning.
One of the fundamental factors that has affected the process of economic globalization is the improvements in the technology of transportation and communications. This has reduced the costs of transporting goods, services, and factors of production and of communicating economically useful knowledge and technology. There is no doubt that advances in information and communications technology are the most important technological advances of the past quarter century (Mussa, 2000). By far, the most important and business altering advancement is the internet. There is evidence everywhere that the internet has greatly affected international trade. The internet has opened up the world, and brought it right into everyone's home and business. In addition, technology and the internet have greatly reduced the costs of doing business. Even the smallest operation can now go global via the internet at almost no cost. However, there are still some problems that face these e-commerce activities. These problems are shot-term challenges and can be met. The key issues center around two areas:
The internet as we all know is probably the most useful resource known to man in this day of age. Not only is the internet easy to access its easy to use. Nearly everyone owns a computer and nearly all of which have access to the internet. But isn't that a good thing? Millions of people having the ability to access and share all the information anybody could ever want.
The use of the Internet has exploded in the past few decades, and the age of the user is swiftly declining as well (Greenfield, Patricia, and Zheng Yan). “The spread of Internet access has been described as nine times faster than that of radio, four times faster than the personal computer, and three times faster than television” (Shields, Margie, and Behrman 5). The Internet has woven itself into people’s daily lives and has really changed culture in numerous ways. It has helped make education more accessible, especially to those in developing countries. Specifically, it has brought life saving health practices and information to those who otherwise would have gone without it. Also, children who need extra help learning, like kids with special
The Internet is, “a vast computer network linking smaller computer networks throughout the world.” (dictionary.com) Everyday millions of people use the Internet in order to communicate, to work, to research information, and educate themselves. (internetworldstats.com) The popularity of the Internet has caused the world to become more dependent on the information that is searched. Some countries’ governments believe that although the Internet is one of the top worldwide researching databases, its lacking in privacy has created unnecessarily high security risks and has had a negative if not harmful affect on their society. (techcrunch.com) One example of this lack of privacy would be that research found on the Internet can be accessed from any country in the world. Many countries view being able to access information from an...
the internet , which is an aspect of IT plays a very vital role in