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The difference between economic classes has been a prevalent issue with the digital divide up to this point. People who are considered to earn low income use the internet at a 26% rate followed by lower-middle income at 56%, upper-middle income at 79%, and high income at 92%.
Computer technology for developing areas is a field focused on using technology to improve the quality of life and support economic development in regions with limited access to resources and infrastructure. This area of research seeks to address the digital divide, which refers to the gap between those who have access to technology and those ...
The term was coined by Erik Brynjolfsson in a 1993 paper ("The Productivity Paradox of IT") [1] inspired by a quip by Nobel Laureate Robert Solow "You can see the computer age everywhere but in the productivity statistics." [2] For this reason, it is also sometimes also referred to as the Solow paradox.
Information economics or the economics of information is the branch of microeconomics that studies how information and information systems affect an economy and economic decisions. [ 1 ] One application considers information embodied in certain types of commodities that are "expensive to produce but cheap to reproduce."
3 Reasons to Buy Computers With Credit Cards. Ashley Maready, The Motley Fool. October 2, 2024 at 7:00 AM. Woman working from home using computer, phone, and laptop. Image source: Getty Images.
The digital divide in Ethiopia refers to inequalities between individuals, households, and other groups of different demographic and socioeconomic levels in Ethiopia in access to information and communication technologies ("ICTs") and in the knowledge and skills needed to effectively use the information gained from connecting. [1] [2] [3] [4]
The importance of stone tools, circa 2.5 million years ago, is considered fundamental in the human development in the hunting hypothesis. [citation needed]Primatologist, Richard Wrangham, theorizes that the control of fire by early humans and the associated development of cooking was the spark that radically changed human evolution. [2]
Computational economics uses computer-based economic modeling to solve analytically and statistically formulated economic problems. A research program, to that end, is agent-based computational economics (ACE), the computational study of economic processes, including whole economies, as dynamic systems of interacting agents. [4]