Lesson Notes By Weeks and Term - Junior Secondary School 3

SUBJECT: HOME ECONOMICS

CLASS:  JSS 3

DATE:

TERM: 1st TERM

 
WEEK 3-4

TOPIC: DIGITAL DIVIDE

FOR WEEKS 3-4

Meaning of digital divide

Digital divide is the gap between those who have access to digital information and communication technologies and those who do not; or the gap between those who use digital information and communication technologies and those who do not use.

HOW TO MEASURE DIGITAL DIVIDE

The digital divide in a population is usually measured in terms of the following 

• The number of functional telephones in a population 

• The number of personal computer ( PC) that are in use in a population 

• The number of internet users in a population 

HOW TO BRIDGE THE DIGITAL DIVIDE

• The government should develop national infrastructure that will increase internet access among the population.

• Local content should be encourage in internet language such as Yoruba, Igbo or Hausa ,

• Government should encourage alternative access to the internet such as the use of wireless technology and devices to connect to the internet.

• Non-government organization (NGOs) should mobilize resources and engage in programmes to bridge the digital divide.

• The private sector should invest in information technology (IT) business such as internet cafe.

OLD ECONOMY AND NEW ECONOMY

OLD ECONOMY

Meaning of old economy

Old economy: This is a term used to describe the business or economic system of the pre-technological period.

FEATURES OF OLD ECONOMY

• It was time consuming

• It was labour based

• It was mechanical

• It was constrained by distance

• It was constrained by space

• It was constrained by time 

LIMITATION OF OLD ECONOMY

• There was minimal use of technology in the old economy

• There was distance barrier: The old economy depends on physical contact, as a result, business transaction would not take place if there is a distance barrier.

• Space  :In the old economy  depends on physical space such as market places and office  before business transaction could take place

•  : In old economy .times determined when transaction will take place .Nobody would carry out business when the market is closed.

NEW ECONOMY

Meaning of new economy 

New economy is an evolution of developed countries from industrial –based wealth producing economy into a service sector, asset-based economy brought about by globalization, digital technology and currency manipulation by governments.

FEATURES OF NEW ECONOMY

The following are the features of new economy

• It is digital 

• No limitation due to time ,space and distance

• It involves continuous research

• It is technology driven

• It is knowledge based

BENEFITS OF NEW ECONOMY

The benefits of new economy are as follows:

• It requires low capital to start and operate business

• Time efficiency

• It create new jobs

• It leads to globalization 

• It create employment

• It widens knowledge

DIFFERENCE BETWEEN OLD AND NEW ECONOMY