Over the past decade, there has been tremendous advancement in
technology
in various sectors of the economy with the effects being both positive and negative. Some people argue that these developments have widened the
gap
between the wealthy and those with low incomes in society.In
this
essay, I will highlight some of the ways that
technology
has created inequality between the wealthy and the poor.
Additionally
, I will discuss the ways by which
technology
has narrowed the
gap
which strongly i agree with.To
, most
of Change preposition
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the Correct article usage
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industries are using modern instruments and software to perform their daily routine operations.
this
is because tools are more efficient and more reliable compared to human
laborChange the spelling
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.
As a result
,
this
has led to the replacement of human
laborersChange the spelling
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with machines. A good example is the replacement of unskilled workers who used to pluck tea manually in most of the tea factories in Kenya with modern automobiles. As
such
, many people become unemployed, and the lack of
such
a source of income
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exacerbated poverty.
on the other hand
, I strongly believe that technological development in the finance and education sectors has bridged the
gap
between the two social groups in society.
First,
currently, almost everyone now owns a cell phone including the population living in rural areas.
Therefore
, access to
such
telecommunication devices
makeChange the verb form
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it easier to access
to Change preposition
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financial assistance and information.
For instance
, people in
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rural areas lacked access to banks and even never opened bank accounts, with the introduction of mobile banking, low-income earners can save some money through mobile money applications.
moreover
,
this
creates a credit score among the financial lender and
therefore
they can borrow and expand their businesses.
secondly
, the technological improvement of medical appliances and drugs has greatly improved the quality of life among the population.
this
inAdd the comma(s)
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turn, has narrowed the inequality
gap
that exists between the rich and the poor.
For example
, the mass production of cheap generic drugs by many pharmaceutical companies has greatly reduced alleviated diseases among
the Correct article usage
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low-income earners.
consequently
, these the
medicines are affordable for almost everyone. in conclusion, change I think that modern advancements in
technology
the
gap
between the poor and the wealthy.