Technological advancements in every field have led overall development of world. Many think that these advances are widening the gap between upper class and lower class whereas others believe that it has reduced the difference between the rich and the poor people. I personally feel that technology has diminished the gap between people of varying standards.
Those who are of the view that new technology is increasing the gap say that advance gadgets are available in the market at high rates. These products, therefore, are out of reach of the middle or the lower-class people. Products like iphone, ipad for instance, are of high value and hence majorly rich people can buy it. This way rich are able to afford all luxuries of life contrary to poor. This broadens the margin between two classes.
For others, researches and inventions in technology have decreased the gap by making variety of things available for common people at low prices. Indeed, due to strong competition among the companies products at cheap rates are readily available. Computers for example, were very costly and impossible to purchase for poor 50 years ago, but now the price of computer has dropped drastically due to the developments. As a result, it has become possible for common man to afford these products. This has ultimately helped in shrinking the spectrum.
In conclusion, although highly advanced luxury products have increased but at the same time technology has resulted in mass production of products and items at very low cost which are affordable equally by upper and lower class. This obviously has made different classes of people closer to each other.
Technological advancements in every field have led
overall
development of world.
Many
think
that these advances are widening the
gap
between upper
class
and lower
class
whereas others believe that it has
reduced
the difference between the rich and the poor
people
. I
personally
feel that
technology
has diminished the
gap
between
people
of varying standards.
Those who are of the view that new
technology
is increasing the
gap
say that advance gadgets are available in the market at high rates. These
products
,
therefore
, are out of reach of the middle or the lower-
class
people
.
Products
like
iphone
,
ipad
for instance
, are of high value and
hence
majorly
rich
people
can
buy
it. This way rich are able to afford all luxuries of life contrary to poor. This broadens the margin between two classes.
For others, researches and inventions in
technology
have decreased the
gap
by making variety of things available for common
people
at low prices.
Indeed
, due to strong competition among the
companies
products
at
cheap
rates are
readily
available. Computers
for example
, were
very
costly and impossible to
purchase
for poor 50 years ago,
but
now
the price of computer has dropped
drastically
due to the developments.
As a result
, it has become possible for common
man
to afford these
products
. This has
ultimately
helped
in shrinking the spectrum.
In conclusion
, although
highly
advanced luxury
products
have increased
but
at the same time
technology
has resulted in mass production of
products
and items at
very
low cost which are affordable
equally
by upper and lower
class
. This
obviously
has made
different
classes
of
people
closer to each other.