There is no doubt that modern
technology
is reshaping our planet and affecting every aspect of human lives. From a social perspective, many people argue that the gap between the upper class and lower classes is widening Use synonyms
as a result
of technological advancements. Others, Linking Words
however
, believe the opposite.
There are several reasons why one could think that the wealth inequality is, indeed, increasing. The most common reason is the automation. Driven by Linking Words
technology
, automation reduces the need for manual labour. Use synonyms
As a result
, less work opportunities are available for unskilled people. With each iteration of the cycle the competition increases and wages decrease. Linking Words
Secondly
, Linking Words
technology
has increased the minimum level of needs that should be satisfied. Nowadays, everybody should have a mobile phone and an internet connection, including the poor. Use synonyms
This
increases the monetary burden on them as they must borrow to cover these new needs.
Linking Words
However
, I firmly believe that the aforementioned opinion is ludicrous. The most obvious reason is that modern Linking Words
technology
has facilitated the road to riches in an unprecedented manner. Use synonyms
For instance
, many of the internet billionaires are from lower and middle classes. Linking Words
Moreover
, the major leaps in agricultural technologies Linking Words
has magnified
food production. Suggestion
have magnified
As a result
, food has become more affordable and available. Linking Words
Finally
, leveraging Linking Words
technology
has dramatically increased workers’ productivity. Use synonyms
Consequently
, compensations and salaries have increased.
In conclusion, I strongly believe that Linking Words
technology
could possibly narrow the difference between social classes. Increased food production, opportunities and productivity are just Use synonyms
few examples
of Suggestion
a few examples
technology
’s contribution to bridging the wealth gap.Use synonyms
dibi