explore how frugal innovation can address a specific social or economic challenge in a local community (it does not have to be your own). Frugal innovation emphasizes cost-effective, resource-efficient solutions designed to be accessible to underserved populations by simplifying products, services, or processes.   Your presentation should: Identify a specific challenge faced by an underserved community. This could relate to healthcare, education, clean water, sustainable housing, energy, transportation, or employment opportunities. Develop a frugal innovation solution to address this challenge. Your solution should be practical, affordable, and use local resources or processes that reduce costs while maintaining impact. Analyze feasibility and impact, considering: Available local resources and constraints Key stakeholders (e.g., community members, NGOs, businesses, or government) Barriers to implementation Potential long-term social and economic benefits Ensure alignment with responsible and inclusive development, discussing how your solution meets ethical considerations, including labor standards, sustainability, and economic inclusion.

icon
Related questions
Question
100%

explore how frugal innovation can address a specific social or economic challenge in a local community (it does not have to be your own). Frugal innovation emphasizes cost-effective, resource-efficient solutions designed to be accessible to underserved populations by simplifying products, services, or processes.

 

Your presentation should:
  1. Identify a specific challenge faced by an underserved community. This could relate to healthcare, education, clean water, sustainable housing, energy, transportation, or employment opportunities.
  2. Develop a frugal innovation solution to address this challenge. Your solution should be practical, affordable, and use local resources or processes that reduce costs while maintaining impact.
  3. Analyze feasibility and impact, considering:
  4. Available local resources and constraints
  5. Key stakeholders (e.g., community members, NGOs, businesses, or government)
  6. Barriers to implementation
  7. Potential long-term social and economic benefits
  8. Ensure alignment with responsible and inclusive development, discussing how your solution meets ethical considerations, including labor standards, sustainability, and economic inclusion.

 

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer