Why are some countries rich and other countries poor? Introduction- In today’s society‚ money is more consequential than ever. There are more billionaires today then ever before. However the reality is that most of the world still lives in complete poverty; an estimated 40% of the world still lives on less then 2$ a day {1 (January 2013 Written by Anup Shah)} and almost 75% of children world wide do not get secondary level education. However 200years ago‚ the average income around the world was
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ENTERPRENEURSHIP BOOK REPORT: Rich Dad Poor Dad by Robert T. Kayosaki with Sharon L. Lechter‚ CPA WRITTEN BY: Richmond Gyamfi Boateng (KBS0035) LECTURER: MR. ANTHONY ANNAN MONDAY APRIL 4‚ 2011 Rich Dad Poor Dad is a book that presents thought provoking teachings on wealth creation and financial independence. The book can be describes as a narrative motivational novel that features four interesting characters‚ Rich Dad‚ Poor Dad‚ Mike and Robert (the author). Poor Dad is a highly educated
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A book review on“Rich Dad Poor Dad” Author: Robert T. Kiyosaki Title: Rich Dad Poor Dad Theme: The importance of the financial literacy Thesis: What the Rich teach their kids about money – That the Poor do not. “Rich Dad Poor Dad” by Robert T. Kiyosaki is very popular book on finance on the market today. This is a true story from the author’s life. Robert Kiyosaki refers to two fathers: one is Roberts’s real father (Poor Dad)‚ a highly educated but poor professor‚ who always asked
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Should Rich Nations Help Poor Nations? Adriana Hernandez Poly Sci Prof. Murphy 02.26.02 Imagine living in a community where every minute of everyday you were hungry‚ underclothed‚ and at risk for death because you are poor. Now imagine waking up and your biggest problem was which sweater to wear with which jeans. Both are scenarios that occur on a daily basis in our countries‚ some more extreme than others are. With that in mind a question of whether or not rich nations have an obligation
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In getting started‚ you need to call on your financial genius‚ the financial genius that is within lying asleep waiting to be called upon. We believe in our culture that the love of money is the root of all evil. Where as we learn a profession to work for money‚ then we get a job with the government or a company who would take care of us when we stop working. However this cycle goes on like this‚ our children pay for our bills when we retire. Most people follow this trend of life‚ Robert believes
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Introduction I would like to put forward the following proposal‚ which I believe would help to combat climate change globally and contribute to long-term sustainability goals in active cooperation of rich and poor countries. Energy and food security in poor countries According to the data on poor countries given by Koroleva Nataly the poorest nations are expected to suffer from climate change mostly because it poses major risks to water supplies‚ agriculture and food – the main sectors of economy
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differences in the social‚ economic‚ and political sense amongst the individuals. There is a select group who are more educated that come from the more prestigious and wealthy backgrounds as opposed to those who come from the working middle class and poor levels. The opportunities are much different due to the effects of these institutions and the socioeconomic levels that children are born into. If the economic resources are abundant‚ than success is easier to attain. By looking at the exclusive
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the family environment where a child is brought up has also significantly increased. Some people have begun to feel that achild who has grown up in a poor family tend to be better prepared todeal with problems. In my opinion‚ however‚ family environment alonedoes not much influence a child’s ability to solve problems.A child who was born into a poor family would have had more situationswhere they had to solve a problem or make a decision on their own. Thisis because in most unfortunate families‚ both
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Poverty could say to be the deficiency of common things of life such as shelter‚ food‚ safe drinking water‚ clothing‚ security‚ and lack of opportunities and access to education and employment - all of which determine quality of human life. The under listed causes of poverty are not exhaustive but limited reflective of priority to Africa’s development. These causes of poverty if positively eradicated can collectively leap the continent to its dream of development that sustains transparent and purposeful
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Oxford University Graham Lecture‚ 2008 Why are some countries rich and others poor? Since 1500‚ incomes have risen in most of the world‚ however: • Incomes have risen fastest in the countries that were richer in 1500 • Consequently‚ world inequality is much greater today than in 1500 • In 1500‚ average income in the UK was only 30% higher than in India • Today‚ the average UK income is ten times that in India. The graph shows when the West got rich. 25000 GDP per head 1990 US$’s 20000
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