Technological development often ends up increasing the gap between the rich and the poor. Do you agree? Provide clear arguments to support your position.

Essay by mszookUniversity, Bachelor's April 2004

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Technology, it fascinates me, so I'm all for technological development, it has contributed significantly to the development of the world, but there is a down side, it always expands the gap between rich and poor.

This is because technology needs strong economic power to develop it, and highly trained people who are the result of an expensive education and the cylce continues.

The Human Development Report of UNDP warns us of the widening income gap between rich and poor. In 1960, the ratio between the earnings of the top 20% and the bottom 20% was 30:1. By 1990 this had risen to 61:1, and by 1997 to 74:1. So either the rich are getter richer or the poor are getting poorer. This is all due to technolocal development, how you say?

Well take Africa as an example it is the worlds richest continent in terms of natural resources. It has 50 percent of the world's gold, most of the world's diamonds and chromium, 90 percent of the cobalt, 40 percent of the world's potential hydroelectric power, 65 percent of the manganese, millions of acres of untilled farmland as well as other natural resources.

Despite the natural wealth, Africa is home to the world's most impoverished and abused people. (Williams)

Some would say that the poor have actually advanced the most and are gradually and sometimes speedily catching up with the rich. The rich are having a harder time distinguishing themselves from the poor. The rich have cars with all the power options, and so do most of the poor. The rich watch cable on their big colour TVs, and so do the poor. The rich fly to their holiday destinations and, with recent cheap fares on the Internet, the poor are doing the same. In fact, the Internet is...