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Closing the Opportunity Gap: Useful Tech for Economic Mobility

Closing the Opportunity Gap: Useful Tech for Economic Mobility

by Cherie McCord

Digital technology has become a crucial component in today’s world, allowing us to do more than we ever thought possible, including improving our economic status. From starting a company from scratch to finding new job opportunities, technology has opened many possibilities for achieving economic mobility.

Unfortunately, not everyone has access to the same resources, creating an “opportunity gap.” Let’s explore ways technology can close this gap and help everyone achieve economic success.

Table of Contents

  • Getting Connected
  • Online Learning
  • Useful Economic Mobility Apps, Platforms, and Sites
  • Entrepreneurship

Getting Connected

One of the biggest challenges in underserved communities is a lack of internet access. Accessing job postings, educational resources, and other important information can be challenging without a reliable internet connection. Thankfully, several programs provide affordable internet access to low-income families and individuals.

For example, some providers offer low-cost hotspots for nonprofits to help organizations in their mission to close the digital divide in their communities and ensure everyone has access to economic mobility resources.

Another initiative gaining popularity is library hotspots. A library hotspot lending program allows patrons to check out mobile devices and connect to the internet from anywhere. This is especially helpful for those who may need a stable home internet connection or who need to reliable access the internet while on the go.

Online Learning

Along with internet access, online learning has become an increasingly important tool for improving economic prospects. Online courses can provide valuable skills and knowledge, leading to better job opportunities and higher-paying positions. Many online learning platforms offer free or low-cost courses, making education accessible to anyone with an internet connection.

Besides online courses, platforms like Khan Academy and Coursera offer a wide range of free or affordable classes. Individuals can use these resources to gain new proficiencies and expand their professional expertise.

Useful Economic Mobility Apps, Platforms, and Sites

Apps, platforms, and websites can help individuals achieve their economic and business goals. For example, Mint and Acorns are apps that help users manage their finances and invest money wisely. The LinkedIn Job Search app can also help users find job opportunities and research potential employers.

Websites such as Upwork or Fiverr enable individuals to showcase their skills and find freelance work, providing an opportunity to earn income and gain valuable experience. Lendistry is an online lending platform that provides loans to small business owners who may not qualify for traditional bank loans. By providing access to affordable financing, Lendistry is helping to support entrepreneurship and economic growth in underserved communities.

The online platform Skillshare offers courses on various topics, from business and technology to art and design. By providing access to high-quality education at an affordable price, Skillshare is helping to empower individuals with the skills they need to succeed in the modern economy. By utilizing these sites, platforms, and apps, individuals can take control of their finances and careers and work towards achieving their economic goals.

Entrepreneurship

Technology can be beneficial for those looking to start their own businesses. Now, several online platforms allow individuals to start a company from anywhere in the world. For example, Etsy provides a marketplace for handmade goods, and Shopify allows users to set up their own eCommerce store. Additionally, social media has become a powerful tool for marketing and promoting businesses. By harnessing the power of technology, anyone can become an entrepreneur on their own terms.

While the “opportunity gap” may seem daunting, there are many ways technology can help us close the divide and achieve economic mobility. From internet access to online learning and entrepreneurship, resources are available to those willing to take advantage of them. By utilizing these tools, we can all work towards a more equitable future where everyone has the opportunity to succeed.

Filed Under: Tech

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