Features of old and new economy in digital divide

The digital divide refers to the gap between individuals, communities, and societies that have access to digital technologies and those that do not. The old economy and new economy have different features that contribute to the digital divide. Here are some key features of the old and new economy in the context of the digital divide:

Old Economy (Pre-Internet Era):

  1. Industrial-based economy: The old economy was characterized by industrial production, manufacturing, and physical goods.
  2. Limited access to technology: Technology was not widely available, and access was often limited to specific industries, such as manufacturing and finance.
  3. Geographic barriers: Physical distance and lack of infrastructure limited access to technology and information.
  4. Information scarcity: Information was not easily accessible, and people relied on traditional sources such as newspapers, books, and word of mouth.
  5. Limited connectivity: Communication was primarily face-to-face or through traditional mail and phone services.

New Economy (Post-Internet Era):

  1. Knowledge-based economy: The new economy is characterized by the creation, distribution, and consumption of knowledge and information.
  2. Widespread access to technology: Technology is now widely available, and access is no longer limited to specific industries or geographic areas.
  3. Global connectivity: The internet has enabled global connectivity, allowing people to access information and communicate with others across the world.
  4. Information abundance: The internet has made information readily available, and people can access a vast amount of information with just a few clicks.
  5. Digital literacy: The new economy requires digital literacy skills, such as using computers, smartphones, and the internet.

Digital Divide:

  1. Access gap: The digital divide refers to the gap between those who have access to digital technologies and those who do not.
  2. Skills gap: The digital divide also refers to the gap in digital literacy skills, with some individuals and communities lacking the skills to effectively use digital technologies.
  3. Content gap: The digital divide can also refer to the gap in access to digital content, such as information, education, and entertainment.
  4. Geographic gap: The digital divide can be exacerbated by geographic barriers, such as lack of internet infrastructure or limited access to technology in rural or remote areas.

The digital divide is a complex issue that is influenced by a range of factors, including socioeconomic status, education level, geographic location, and access to technology. Addressing the digital divide requires a multifaceted approach that includes increasing access to technology, improving digital literacy skills, and promoting digital inclusion.