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How can technology help in the fight against global poverty?

How can technology help in the fight against global poverty?
Can technology and poverty go hand in hand? Yes, there are numerous ways in which technology can reduce poverty in the world. Let's dig deeper to find out HOW.

Can technology and poverty go hand in hand? Yes, there are numerous ways in which technology can reduce poverty in the world. Let's dig deeper to find out HOW.

Because technology has become such an integral part of our lives, we are all aware of the impact it may have on everything we see, feel, or touch. Many people believe that technology is the worst thing that has ever happened to humanity. Every coin, however, has two sides. If applied correctly, technology and machinery have the potential to change the world for the better. However, before we can harness technology development to its full potential, we must first learn more about the causes of poverty. Only then will you be capable of understanding how the following solutions work.

Mobile phones:

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By connecting smallholder farmers and entrepreneurs, providing improved financial and business tools, and access to information to improve their fields and enterprises, mobile technology has the potential to significantly increase their incomes. It can assist them by providing them with work-related guidance. Many apps also provide market pricing data, allowing farmers to sell their crops for higher prices and improve their incomes and quality of life.

Improve the access and quality of education

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We can all agree that there is a great impact of technology on education.  A variety of issues can make it difficult to obtain an education. The gender divide is often skewed, with fewer females than boys receiving an education. Rural residents have less access to the educational system than their metropolitan counterparts. By streamlining information and offering quick and easy access to data, technology can aid in the management and administration of both schools and governing bodies.

It Reduces the cost of work
The Role of Technology in Reducing Business Costs - Importance of Technology
Much of the job can be done for less money because of technology. The decreased cost of production contributes to a higher profit margin, which is critical for poverty eradication. Technology creates new business and employment prospects. As a result, the poor population's household incomes increases.

The impact of technology on poverty is dependent on having access to the proper knowledge in a way that benefits the people. We must band together and fight; mysocially have already taken a positive step.  Let us bring a smile to everyone's face.



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