THE ROLE OF INTERNET IN POVERTY REDUCTION

Poverty is a very serious challenge facing every society as it has the ability to promote crime, and social unrest. The goal of every responsible government is to cut down the rate of poverty.

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Before the advent of internet most people are constrain to few job opportunities like white cola job, agriculture and other semi skilled jobs. Most graduates roamed around the street looking for job for many years without success. Since they could not get job, they continue to live in poverty.

The arrival of internet created a lot new job opportunities for young people all over the world. Most young people who are internet biddable have no need to wait for government to put food in their table as there are several ways to make money in internet.

Internet has created more opportunities for people to make money like blogging, cryptocurrency mining, cryptocurrency trading, software engineering, apple developing, web developing, and social media management among others.

The role of internet in poverty reduction cannot be exaggerated given the fact that it has played a significant role in reducing the rate of poverty in the world. In most developing countries, most of their citizens do not care for what government is doing anymore as internet business has moved them from poverty to prosperity.

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