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Specific country and its contribution to the development of modern technology

Specific country and its contribution to the development of modern technology

HARIDHA P334 23-Nov-2022

Mobile phones are a fine example of how intelligent computing may have a big impact. In a classic instance of technological leapfrogging, they have given poor people in developing countries accessibility to long-distance communications without the need for expensive investments in landlines and other infrastructure. Similar to online banking, mobile banking allows individuals to access financial services in countries without bank offices by using their smartphones.

These are some illustrations of how technology has benefited the downtrodden. On the other hand, for technology to truly and permanently contribute to the growth, it must not just result in better and less expensive products, but also additional strong employment.

Consider over the cell phone and banking examples once again. Since they are used as resources in production, communications and finance are both employers and consumer packaged goods to some level.

For instance, a well-known investigation showed the widespread deployment of cellphones in Kerala, India, allowing fishermen to arbitrage price disparities between local markets, which resulted in an average profit increase of 8%. Poor women in Kenya appear to have received assistance from M-Pesa, the nation's widely used mobile banking service, to transition out of agricultural production and into non-farm businesses, which now has allowed them to ascend much higher up the socioeconomic ladder.

New digital technologies have really been crucial in transforming large-scale agriculture including both Latin America and beyond. Increased internet, big data, GPS, and space technology have revolutionized supply-chain management, irrigation performance, and the use of chemical fertilizers. They have also strengthened quality control, logistics, and earlier than usual systems.


Writing is my thing. I enjoy crafting blog posts, articles, and marketing materials that connect with readers. I want to entertain and leave a mark with every piece I create. Teaching English complements my writing work. It helps me understand language better and reach diverse audiences. I love empowering others to communicate confidently.

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