Standard of living refers to the level of wealth, comfort, material goods and necessities available to a certain socioeconomic class in a certain geographic area. The standard of living includes factors such as income, quality and availability of employment, class disparity, poverty rate, quality and affordability of housing, hours of work required to purchase necessities, gross domestic product, inflation rate, number of vacation days per year, affordable (or free) access to quality healthcare, quality and availability of education, life expectancy, incidence of disease, cost of goods and services, infrastructure, national economic growth, economic and political stability, political and religious freedom, environmental quality, climate and safety while productivity on the other hand, is a measure of the efficiency of production. Productivity is a ratio of production output to what is required to produce it (inputs). The measure of productivity is defined as a total output per one unit of a total input. IT played an important role in innovation, for IT makes everything faster and easier. Telework meaning work arrangement in which an employee works away from the office, literally, anywhere; an employee uses various forms of electronic communication nowadays is present. Workers can be productive and effective wherever they are, even at home. This is possible because of the presence of internet and cloud. Of course, there are advantages and disadvantages, but then it helps a lot when it comes to productivity. It helps both the employees and organizations to be more efficient.
What is being done to reduce the negative influence of the digital divide?
The Digital Divide, or the digital split, is a social issue referring to the differing amount of information between those who have access to the Internet (especially broadband access) and those who do not have access. The term became popular