Question

What social and economic impacts are found of ICT?

Answer 1

Economic status of developing countries

Developing countries are in general countries which have not achieved a significant degree of industrialization relative to their populations. In most cases, a developing country will have a medium to low standard of living.

Statistics from the CIA World Factbook database show a strong correlation between low GDP per capita, Unemployment and high population growth (Table 1).

There are many reasons why developing countries are in their position. These reasons could include political corruption, civil unrest and famine or disease. The lack of education, infrastructure and proper medical care combined with rapid growth in population are the main negative drivers. However, ICT offers a glimpse of hope for these countries to improve their social and economic conditions. Given that these countries have an insufficient capital base for needed investment, and through increasing population or deteriorating environmental conditions, the pace of growth and improvement will be very smlow on a per capita basis

Answer 2

Answer:

Information communications technology (ICT) has the power to transform society. It plays a key role in each of the United Nations’ Sustainable Development Goals, providing the infrastructure needed to achieve them. It also enables financial inclusion through m-commerce and allows people to connect with millions instantaneously.

Explanation:

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