In this world‚ we have so many classes of people. Some of them are rich and the other are poor ad thats why we have different living in this world. I have read that poor people are more ha rich ones ad thats due to the money management and other reasons However we can be rich from different ways such as working hard and make an excellent use of money. Therefore‚ this world is full of different classes of people due to the family background‚ environment and self-work. This world is full with different
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are three main ways of how aid is given‚ they are bilateral aid (direct country to country)‚ multilateral aid (country to World bank to country) and NGO aid (aid given by Oxfam‚ Red Cross etc non government organizations). Food aid could also be split into long term and short term‚ depending on the situation and the need. Recently‚ cyclone Nargis hit Myanmar on the 2nd of May‚ a poor LEDC in Asia. Their infrastructure is poor and housing was appalling‚ resulting in deaths of over 80‚000 people‚
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What Makes Countries Rich or Poor? by Jared Diamond |The New York Review of Books. I find the topic extremely fascinating: why do some nations prosper‚ and improve the life of their citizens‚ and others fail? Why do some nations have better education‚ while others are still in endless search of their identity? Some people in modern political economy say that countries succeed because of their natural resources and their control over others. This article brings us to take a closer look
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POOR COUNTRIES ARE POOR BECAUSE THEY ARE POOR Poor countries are poor not because they are poor but because they lack the essential resources which are significant for economic growth and development. The African continent is considered as the poorest continent in the world. This is due to political instability which tends to scare away investors thus stunting economic growth of a country. Some of the reasons as to which developing countries are poor are; corrupt governments‚ low illiteracy levels
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DEBT FOR RICH COUNTRY If Qatar didn’t have money‚ could it host world cup in 2022? I don’t think so! This is an example of how money is one of most important sources for a country. Collecting debts is one way to manage the money of country. It makes difference for the value of this country. So‚ the debt of country is not only own for the government to diced forgive or not‚ it is an issue its people also. In my opinion‚ rich countries should not forgive all debts for poor countries. When
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Rich World‚ Poor World Samantha Valentine Dr. Rochelle Steward-Withers 131121 18 September 2012 Word count: 2275 Debt is made when one party owes party money (Oxfam‚ 2005). Just like people‚ governments of both developed and developing nations borrow money in order to function well and to maintain their economies (George‚ 1994). Debt is the economic mode that promotes economic activity in the global market (Lomborg‚ 2004). The acquisition of debt comes through loans‚ grants and aid
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The Causes of the Gap Between Developed and Undeveloped Countries Yusuf Enes Fırat 010130552 The size of the gap between developed and undeveloped countries is one of the greatest problems world is facing today. But what is the term of “gap” in this statement? In fact‚ there are lots of criterions determine the gap‚ it is hard to explain it with one definition. We live in
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What are some of the reasons Rich countries are Rich and Poor Countries are Poor? Whether a country is rich or poor can be determined by five primary factors: Social‚ Political‚ Natural Aspects‚ Technological and Economical. The wealth of a country can also be assessed by the average GDP of a country. Rich Countries like U.S.A. have a GDP of $46‚716. While Poor Countries like Malawi have only $200. Research statistics show that rich countries around the world have a “Democratic” system of government
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Reaction Paper on the story‚ RICH DAD‚ POOR DAD Submitted by: IJ L. MADERA The story teaches us different outlooks in life that everyone must choose in order for them to live an achieving living. People have different perspectives on their existence; different decisions to make‚ ideas‚ and principles that reflect there persona of whom they are and of what causes them to be of what they are now. The book tells us on how a two dissimilar man; the rich man with very little education but financially
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"Rich Dad‚ Poor Dad" (Robert Kiyosaki‚ Sharon L. Lechter) Short summary of the book Prove to you that in order to get rich‚ all do not need to earn a lot; Dissuade you of the fact that the house is a successful investment; Parents will understand that we cannot rely solely on the school; Explain once and for all‚ where better to invest; We will help you teach your children to properly handle money and to achieve material well-being in the future. Six lessons: The rich do not work
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