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Digital Technology Presentation

benjadatri2005

Created on April 17, 2024

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Transcript

TECHNOLOGY

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PRESENTATION

Inequality created by technology

The benefits and opportunities created by technology and digitization are unequally distributed

The demand for high skilled tech jobs, as well as technological invention and innovation is very high, which leads to extremely high income for the few that can fill these roles.

technology effect in labor market

The demand for high skilled tech jobs, as well as technological invention and innovation is very high, which leads to extremely high income for the few that can fill these roles.

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more people are left jobless or with poor wages due to news technologies and machinery

Socioeconomic status

Education is one of the biggest predictors of socioeconomic status. Though many other factors combine with digital knowledge and skills to determine socioeconomic outcome Wealth, which includes assets such as savings, property, investments, and inheritance, is another significant component of SES. Wealth provides financial security, stability, and opportunities for future generations. Disparities in wealth distribution can lead to inequalities in socioeconomic status. access to essential resources such as healthcare, housing, transportation, and quality education

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Innequality caused by economic

Differences in Education: Unequal access to quality education can perpetuate economic inequality. Those with better education and skills often have higher earning potential, widening the gap between the educated and the uneducated.Labor Market Discrimination: Discrimination based on factors such as race, gender, ethnicity, or age can lead to unequal opportunities in the job market, resulting in lower wages and fewer opportunities for certain groups.

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