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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risk for death because they are poor. Other people wake up and their biggest problem is which shirt to wear with which jeans. Both are scenarios that occur on a daily basis in our countries‚ some more extreme than others. With that in mind a question of whether or not rich nations have an obligation to help those nations as need arises. Professor of philosophy Peter Singer believes “ It is the responsibility of affluent nations‚ such as the United States‚ to assist poor nations in which people are starving
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countries ask for international aid in order to facilitate the implementation of these projects. Organizations such as the World Bank and International Monetary Fund (IMF) are organizations that mainly give aid. Its loans are given by developed and rich countries who deposit their money into these banks from time to time. This money is what goes as international aid. There are advantages as well as disadvantages of getting international aid. International aid helps facilitate many developmental
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Lending financial aid to poor countries has become a trend of rich countries since the second half of the 20th century. In my opinion‚ it doesn’t matter whether rich countries should lend poor ones financial aid or not but the way poor countries utilize this capital source because financial aid has both pros and cons. For the first reason‚ financial aid is a helpful source to poor countries. It provides huge capital for these nations to develop infrastructure‚ improve education as well as health
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Should rich people pay more taxes than poor people? Taxes are money that people and business must pay in order to support the government. The government uses the money for building roads‚ helping schools‚ and maintaining other public services. For example‚ parks‚ buildings‚ and more public utilities. People dread paying these taxes every year because large amounts of money get taken away. To make it fair‚ everybody should pay equal amounts regardless of their income. Both rich and poor should
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economic times‚ it is clear to see that the rift between the extremely rich and the extremely poor is expanding‚ with those in the middle being stretched to one extreme or the other. There seems to be no reconciliations for this ever-growing disparity‚ as the corporations that used to comprise solely our economy lose national borders. Robert B. Reich discussed this issue in his work‚ Why the Rich Are Getting Richer and the Poor‚ Poorer. There are many reasons that go into play and many factors that
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How rich is rich in the Philippines? June 21‚ 2010 http://www.pinoymoneytalk.com/socioeconomic-class-philippines-rich/ Who are considered “rich” in the Philippines? For starters‚ you’re “rich” if you belong to the list of the Top 10 Richest Filipinos. However‚ even if your net worth does not run into billions of pesos yet‚ you may still be considered “rich” as per the definition of the National Statical Coordination Board (NSCB). Based on NSCB computations using the Family Income and Expenditure
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INTRO: Money fluctuates within a person’s life time; however‚ money also rules the world. It can control whether or not one is going to be comfortable in life or forced to scrape at the edge with a spoon. It can bring out the worst in someone as well. Oliver Broudy writes an article how money can change a person‚ he says‚ “In fact‚ money can relieve us of even our most deeply held principles with the bored ease of an usher taking a ticket‚” (Broudy). In the world today there are three different
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"the disparity (gap) between rich and poor" - sample writing The asigment is this : The following data highlights the disparity (gap) between rich and poor. In at least two paragraphs‚ addressing the problem and a possible solution‚ compose a response to the following excerpt from US president Jimmy Carter’s Nobel Prize Speech: At the beginning of this new millennium I was asked to discuss‚ here in Oslo‚ the greatest challenge that the world faces. Among all the possible choices‚ I decided
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Men‚ Dads‚ Father Figures‚ Male Role Models and How We Portray Them Alicia A. Gallegos ENG122: English Composition II Lisa Walsh December 03‚ 2012 Men‚ Dads‚ Father Figures‚ Male Role Models and How We Portray Them As information was gathered on values portrayed in popular media‚ there was a decision made to refine the search from the vast search to small sub-topics where research can be compiled for a defined report. Breaking down the main search into smaller searches such as marriages/couples
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