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Bridging the Divide: How Knowledge Gaps and Information Asymmetries Perpetuate Wealth Inequality
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2 min readMar 18, 2025
Knowledge gap
- You can understand the knowledge gap by learning about the difference in communication skills of people. For example, you do not read and comprehend the NASA tutorials because they require a certain level of comprehension skills. Similarly, many people exist in our society that belong to specific technology and lack the knowledge of other technology.
- The existing knowledge reserves are not enough to deal with the changing environment. If you collect more knowledge, you will be responding faster and able to master new things rapidly.
- In a normal city, there are many areas where the different communities of the city have wider social communication gaps.
- Every person has their psychological mechanism, like specific exposure, memory, or acceptance. The closer to the standard technologies around him, the better his life. If a person lacks a lifestyle, it means he has a big knowledge gap.
- In our digital world, self-media and mass communication media disseminate information with a certain depth that only those people understand who have specific levels of knowledge.
- Scholars produce content that is consumed by those people who have a higher…