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Technology Gap Theory is a model developed by M.V. Posner in 1961, which describes an advantage enjoyed by the country that introduces new goods in a market. [1] The country will enjoy a comparative advantage as well as a temporary state of monopoly until other countries have achieved the ability to imitate the new good.
The historical roots of the digital divide in America refer to the increasing gap that occurred during the early modern period between those who could and could not access the real time forms of calculation, decision-making, and visualization offered via written and printed media. [10]
Global share of wealth by wealth group, Credit Suisse, 2021 Share of income of the top 1% for selected developed countries, 1975 to 2015. Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is ...
The widening gap between the nation's rich and poor is leaving the U.S. economy more vulnerable to recurring financial crises and less likely to generate enduring expansions, reports Bloomberg.
[d] Some scholars have suggested that the inequality gap between the Global North and the Global South has been narrowing due to the effects of globalization. [8] Other scholars have disputed this position, suggesting that the Global South has instead become poorer vis-à-vis the Global North in this same timeframe. [9] [10] [11]
The digital divide is an economic and social inequality with regard to access to, use of, or impact of information and communication technologies (ICT). [1] Factors causing the divide can vary depending on the country and culture, as can the potential solutions for minimizing or closing the divide.
Brian Reisinger's “Land Rich Cash Poor” emerges as an anthem to the family farm in America, romanticized despite the never-ending work even in good times, which have been sparse in the last ...
The steps in their model include: (1) being aware of the site, (2) visiting the site, (3) understanding that it is possible to edit, contribute, or participate on the site, and (4) actually contributing on the site. Thus, gaps in digital knowledge and skills produce gaps in online participatory activity. [46]