Information has played a significant role in all aspects of society.
Although the concept of ‘socioeconomic development’ is widely applied in research and in practice, its meaning may not always be clear. The word ‘development’ implies progress or advance, and may be defined as the overall activity in a society, consciously or subconsciously undertaken, aimed at improvements in that society (Stec, Filip, Grzebyk, & Pierscieniak, 2014). The qualifier ‘socio-economic,’ itself a combination of two words, relates to social factors, like education, and profession, as well as economic factors, like income and resources. Thus socioeconomic development can be defined as a process of changes or improvements in social and economic conditions as they relate to an individual, an organization, or society as a whole (Roztocki & Weistroffer, 2016).
Refrences:Roztocki, Narcyz, et al. ‘The Role of Information and Communication Technologies in Socioeconomic Development: Towards a Multi-Dimensional Framework’. Information Technology for Development, vol. 25, no. 2, Apr. 2019, pp. 171–83. DOI.org (Crossref), https://doi.org/10.1080/02681102.2019.1596654.