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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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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In Ancient Rome has rich and poor people although there are more poor than rich. There was a huge difference between the rich and the poor. But with the poor people in Rome more than half of the poor’s were also jobless. Mostly all of the jobless Romans only survived because of the food the government gave them. But mostly everyone had a slave rich or poor. The rich Romans lived a life of luxury. They would host giant parties with lots of food. Also most of the food that the government
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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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The gap between rich and poor in the world today. In the world of 1995‚ there are still huge differeces between rich and poor‚ developed and less developed countries. But why? Who is to blame? What can we do about it? Many things have been tried out to solve these problems‚ but does it work? It seems bizarre‚ that we‚ modern‚ intelligent people‚ have not yet succeeded to get rid of the differences between DCs (developed countries) and LDCs (less developed countries). We try‚ don’t we? Every year
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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 classes of wealth‚ the lower
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Harper Adams University College BSc International Business Management APD Module AC000 The gap between rich and poor in China Submitted by: 201121011202/ 12203200 For: Jordan Wendt & Sandra Turner & Yvonne Williams Date of Submission: 9th November 2012 Word count without References: 1085 The gap between rich and poor in China Contents: Summary..................................................................................................2 1. Introduction
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Rich vs. Poor The poor hating the rich has already occurred earlier a few years back‚ when people started hating the rich because they were selfish and use money inappropriate ways. People eventually started developing jealousy among these rich people‚ and slowly away did they start riots and protests. There are many reasons why this has happened. Firstly this has happened‚ because these rich people and poor people are simply just different‚ any time there are different groups‚ especially two
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Question 1: The Rich and the Poor The term poor refers to the people who do not have enough wealth to feed and cloth their families‚ on the contrary the term rich refers to the people who possess wealth and are capable of buying the luxuries for them. Poverty exists everywhere‚ and‚ unfortunately‚ in the third world countries its magnitude is substantial. Every year‚ millions of people in underdeveloped countries die because of starvation or various diseases. (Sen and Foster‚ 2007) It is common
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Why is the Rich Superior to the Poor? There is a significant difference between the rich and the poor. Being wealthy gives you the opportunity to become more secure and independent. However‚ those in poverty are less likely to be independent because of their lack of money. Day by day‚ people are on corners of the street pleading for money or necessities to get them “back on their feet.” The rich will always be above those who do not have the ability to provide for themselves or their family.
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