Some people think that the range of technology currently available is increasing the gap between rich people and poor people. Others think that it is causing the opposite effect. Discuss both the views and give your opinion.

It is irrefutable that in past few years, development in
technology
has been touched the sky significantly. With the help of
technology
, the option for making
money
is
also
increased.
However
, a particular group of
people
opines that recent
technology
is increasing the gap between wealthy and poor
people
. While another group of
people
thinks in the reverse method. Before commenting on my own opinion both the views should be discussed
further
. On the one hand, some
people
think that
technology
is the reason for increasing space between the upper class and lower-class persons. One of the main reasons behind
this
is that Morden
technology
is very costly and
people
with less
money
cannot buy them.
Also
,
this
machinery for easing life is very essential for day-to-day life.
For example
, poor
people
with no technological facility have to work hard to earn
money
and wealthy
people
can easily excess
this
facility and due to
this
their productivity is increasing at some point and
this
leads to an increase in their
money
flow.
This
would create a huge impact on
money
circulation in rich and poor
people
.
On the other hand
, some
people
believe that increase in tech equipment the risk level is decreasing and the earning of all kind of
people
has increased in past few years.
Technology
is providing an equal chance to all
people
to earn the
money
and
money
is flowing unidirectionally. Because of
this
, the living standard of humankind is
also
rising and due to
this
, the gap between the rich and poor is filling so fast. To encapsulate, I would say that,
although
the range of
technology
helps rich
people
to double their income to a certain level and improve their lifestyle. But it
also
helps poor
people
to create the same chance to earn the
money
for improving their lifestyle by reducing the
money
gap between rich
people
and poor
people
.
Submitted by shahparth163 on

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