Wealth Disparity: Exploitation or Deserved?

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Like many overly-disputed debates, people who argue on the behalf of this questions usually fall on one of the two sides; they either believe that rich countries exploit the poor countries and the west is to blame, or they believe that poor countries are corrupt and deserve their lifestyle. In our modern industrial society, financial wealth depends on trade in goods or services. Trade then depends on infrastructure, which in turn depends on investment. Which then creates the split between countries, based on development. Poor countries are called LEDCs (Less Economically Developed Countries) and MEDCs (More Economically Developed Countries). When we ask ourselves why some countries are poor, which is a very complex question, understanding …show more content…

If they make wrong choices, such as building a factroy in a place that doesn't have 24/7 electrical power guaranteed, they are an impediment to the country's development. Corruption => the definition of corruption is : dishonest or illegal behavior especially by powerful people (such as government officials or police officers). When these important people in society are unfair to citizens and they disrespect laws, development in the specific country is rare and improbable. A fair society would be ideal for a developing country, where laws are set and respected. This could be ethnic tension, tribalism, or all out war. Needless to say, countries with long-term conflicts have very small chances of developing. Cultural and social factors mainly affect inhabitants of a country and their drive to improve their country's economy. These can …show more content…

Some women, for example, see their role in life as being a mother, which can lead to many children in a family. When there are more children to sustin, both financially and morally, it uses up people's energy. Whether living a family life is the most important or striving for a great career is crucial is arguable, but having a large income and a successful job is clearly preferable to a society, economically speaking. Some countries have seen their population double or triple without their economies keeping pace. That leaves more mouths to feed, and just not enough to go

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