HOME ECONOMICS EDUCATION: DIGITAL COMPETENCIES OF ECONOMICS DIVERSIFICATION FOR WEALTH

Abstract

Digital competencies in the field of home economics are crucial for creating wealth in today’s technology driven world. Digital literacy in home economics empower individuals to create wealth by making use of technology for financial management, resource optimization and entrepreneurial growth. Over the past few decades, technologies evolved rapidly which has significantly influenced individuals and housed income and generation of wealth. Specifically, this paper discusses the role of digital technology and its competencies on the economic status of people. This paper examines the intersection of home economics education, digital competencies, and economic diversification for wealth creation in Nigeria. Home economics education emerges as a digital tool for equipping individuals with practical skills for sustainable livelihood. The paper highlights the role of digital competencies in enhancing entrepreneurship, financial literacy, and e-commerce skills among home economics graduates. The paper also explores how integrating digital tools and skills into home economics education will help to foster economic diversification and wealth creation which prepare individual for the modern work and promote self-reliance. The study recommends that digital literacy should be promoted by governments and other relevant stakeholders to maximize the wealth created in the field of home economics. In addition, it concludes with recommendations for policy makers and educators on leveraging digital competencies for economic growth.