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Foreign Aid

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Foreign Aid
Foreign aid is the transfer of resources between countries, usually one with more power and wealth than the other, in order to help assist the poorer country 's stride to develop into a self-dependent nation. (Burnell, 3) I feel that foreign aid is very necessary and beneficial for both countries whether they are the providers or the receivers because not only are the two countries forming a bond and an allegiance, they are helping the world progress towards equality of nations. Although equality will most likely never be achieved between all countries foreign aid is a great start to the development process for third world countries. However, for foreign aid to really be beneficial the money must go to factors that affect the people like health care, unemployment, and education rather than all to the government for them to spend carelessly. As long as the money going to the government is used properly and distributed throughout the nation foreign aid can be a huge factor in economic development. Through extensive research and numerical data I will show and compare the positive effects of different factors aiding development and recommend the United States government focus its aid spending one particular factor. The most important factor to pay attention to when looking at development problems of some third world countries is the UN 's Human Development Index. This index measures the level of human development in a particular country, which is an effort to increase the capabilities of people to lead a full, productive, and satisfying life. (Griffin, 1) Development can also be considered the enrichment of a countries economy along with the citizens of that particular country. The Human Development Index is based on three measurable criteria, living a long and healthy life, being educated, and having a decent standard of living. Ways in which these criterion can be measured is by life expectancy, school enrollment, literacy rate, and income. (Griffin, 1)


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