Many believe that money makes countries rich or poor, but that variable isn’t the only object that makes countries rich or poor. Even though money is involved in the decision of a rich or poor country, there are still a variety of different actions that happen in order to make countries rich or poor. A rich country is interesting because it is full of diversity or complexity. A poor country is worse than desired and can also be a low or inferior quality. These definitions allow for more of a vast consideration of rich or poor countries. A rich country is one that has lots of characteristics, and a poor country is one that focuses on one characteristic. Countries can be considered rich in quality. Some of these qualities are civilians that …show more content…
Money cannot buy happiness. When parents are asked how their money gets in the way of their family that was a payload. There was an endless amount of responses on how money does not always aid in a successful life. The families mentioned the way their children are treated by others. These children are labeled as rich kids or trust fund babies. This led to parents pondering on the subject of the love from other people. They question whether people really loved their children or just their children’s money. In life, money creates questions on whether people know if their successes were because of their own skills, knowledge or talent or was it because they have a lot of money (Novotney). This financial success creates an illusion of happiness. Eventually, the financially successful person will realize that they live their life a lie. The only time money buys happiness is if the money is used the right way. Money isn’t directly buying happiness, but the outcome of buying objects creates a better quality of life. Money isn’t always the most beneficial object, but it can help improve the quality of life. This is only because money runs the world, besides God, for now. In an interview, Karen Hudes stated that money is not reliable for the sustainability of life. Hudes graduated from Yale and worked for the World Ban k for 20 years. She was fired for “whistleblowing” on how money is a scam. Money …show more content…
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Assess the causes of absolute poverty in a developing country of your choice (20 marks)
Kim, Jim Yong et al. (2000). Dying for Growth: Global Inequality and the Health of the Poor. Cambridge: Common Courage Press.
Yapa, Lakshman. "What causes Poverty? A post-modern view." Annals of the Association of American Geographers Dec. 1996.
As the old saying goes, money is power. As the statistics show, some people have an insane amount of money, yet their fellow countrymen have close to nothing. In a struggling economy, unfair distribution of wealth can create real problems and unimaginable hardships for some people. For example, millions of people pay $2 for a bottle of designer water, while millions more live on less than $2 a day. If this is to one day change, wealthy people must adopt a much more magnanimous conviction towards their money.
Reich, Robert B. “Why the Rich Are Getting Richer and the Poor, Poorer.” A World of Ideas:
Shah, Anup. “Poverty Facts and Stats.” Global Issues, Updated: 28 Mar. 2010. Accessed: 05 Apr. 2010.
United Nations Development Programme. Poverty Reduction and UNDP. New York: United Nations Development Programme, Jan. 2013. PDF.
Reich, Robert. “Why the Rich Are Getting Richer and the Poor Poorer.” The Work of Nations.
Jared diamond reiterated, time and time again, that global inequity coincided with geography. Egypt, in comparison to France, had the natural disadvantage of being dealt with a desert climate, as opposed to France’s favorable cultivating climate. This allowed for France to naturally be more skilled in areas such as planting crops; having the adverse effect for Egypt. The lack of water also contributed to the inequality, as animals were able to thrive in environments that offered a surplus of water. Lastly, a more favorable geography in developed countries plays a major role as to why developing countries are not quite developed. Jared Diamond’s thesis thoroughly explains this as geography is reason for the unequal distribution of wealth in the world today.
Why nations Fail: The Origins of Power, Prosperity, and Poverty, is a captivating read for all college economic courses. Coauthored by Daron Acemoglu and James A. Robinson, they optimistically attempt to answer the tough question of why some nations are rich and others are poor through political economic theories. They lay it all out in the preface and first chapter. According to Acemoglu and Robinson, the everyday United States citizen obtains more wealth than the every day Mexican, sub-Saharan African, Ethiopian, Mali, Sierra Leonne and Peruvian citizen as well as some Asian countries. The authors strategically arranged each chapter in a way that the reader, whomever he or she is, could easily grasp the following concept. Extractive nations that have political leadership and financial inconsistencies within their institutions are the largest contributor to poverty and despair within most countries. It also states that countries with socioeconomic institutions that work ‘for the people and by the people’, or in other words, focus on the internal agenda of that
Collier, Paul. The Bottom Billion: Why the Poorest Countries Are failing and What Can Be Done about It. Oxford: Oxford UP, 2007. Print.
Barbour, Ian G. Religion in an Age of Science. San Francisco: Harper & Row, 1990. Print. (BL 240.2 .B368 1990)
The Differences Between Rich and Poor Countries More economically developed countries are richer. This means that the countries make more money and the people in the countries have more money to spend on health, education, food and luxuries. People in these countries earn enough money so that they can borrow even more and buy their own houses and cars. They do jobs in the service industries, which mean they help people, like teachers and doctors. Less economically developed countries are poorer.
United Nations Development Program (UNDP). (2000). Human development report 2000. New York and Oxford: Oxford University Press.
As Christmas time approaches, many Americans start to get excited about returning home to all of the familiar festivities. They imagine the smell of the Christmas tree mixed with the aroma of apple cider or think about all of the Christmas specials on television that they will watch. They can not wait to relax in front of the fireplace with their families and to open all of the Christmas gifts piled under the tree.