POOR COUNTRIES ARE POOR BECAUSE THEY ARE POOR Poor countries are poor not because they are poor but because they lack the essential resources which are significant for economic growth and development. The African continent is considered as the poorest continent in the world. This is due to political instability which tends to scare away investors thus stunting economic growth of a country. Some of the reasons as to which developing countries are poor are; corrupt governments‚ low illiteracy levels
Premium International trade Africa Economics
The article “How the rich get richer as the poor catch up” really opened my eyes with all the facts on global inequality. Our society tries to compare themselves to the people we see around us‚ but we don’t think abut the ones that are on the other side of the world. An example Francois uses is how French men wouldn’t care if a Chinese person exceeds his standard of living. Now if it was one of his fellow citizens and they started lagging on their standard of living then the French men would pay
Premium Economics Investment Economic growth
high-paying job with great benefits‚" my parents used to say. Their goal in life was to provide a college education for my older sister and me‚ so that we would have the greatest chance for success in life. This is the introduction to the book Rich Dad Poor Dad by Robert T. Kiyosaki. This is especially true in the context of Asian countries where most of us are told to cram for exams‚ get good grades (top the class if possible) and jobs with fat paychecks and benefits. Though times are changing and so are
Premium High school College Education
Rich countries should help poorer countries With the development of technology and business‚ the world become smaller and smaller. Many countries in economically developed. However‚ there are still many countries are poor. These people in poor countries need help‚ and many rich countries can give a hand to the poor countries for two reasons. One is to promote the communicatin on many aspects likes culture and trade. The another one is to stimulate the development of poor countries to support people’s
Premium Human Development Index Development Developed country
People with money have a greater chance to win or get lower sentences compared to poor families. In today’s society we see all kinds of unfair cases coming in and out if the courtroom. People who have enough money to go hire a top of the line lawyer to protect them from being accounted guilty. All the while in the poor community people struggle to survive just to pay their rent‚ and when they commit a crime it’s hard for them to afford a top of the line lawyers. Every day you turn on the TV or the
Premium Economics Education Sociology
Prof. English 102 10/12/14 Should Richer Countries Help Poorer Countries? Some people live in a country where every minute of everyday they are hungry‚ under clothed‚ and at 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
Premium Third World First World
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
Premium Ancient Rome Gladiator Roman Empire
Why are Some Countries Richer than Others? Poverty is still the biggest problem the world faces from day to day. Every country suffers from it to some degree‚ however certain places are greater effected than others. This is because the level of economic growth differs from country to country. The greater amount of growth the less room there is for poverty. This is simple reason why some countries are richer than others. If countries fail to move forward than it can present many problems. Mainly
Premium Economics Country classifications Economic growth
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
Premium Wealth Investment Poverty
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
Premium Robert Kiyosaki Education