Rich countries are getting richer while poor countries are getting poorer. What is the cause of this? What could be done to solve this problem?
Gigantic countries are dominating the world economy due to
their limitless monetary assets.Apart from this, in the contemporary world,an unequal
distribution of wealth corroding the economical conditions of developing
countries and under developed territories from bad to worse. On the other hand,
wealthy nations continue to flourish.The reasons of such economic uncertainties
may be poor administration policies and unacceptable fragile foreign
specifications.
To begin with,advancement
of technology widens a gap between superior and inferior nations.The sophisticated
technologies provide immaculate and marvelous infrastructure facilities,which
catches tourist attention . For instance, a few South Asian countries earn
billion of dollars from the tourist industry and this assist them in
accumulating wealth. Similarly, potent educational system gives an extra edge to
vigorously growing states over weaker nations.Such Staggering and eye opening
educational medium attracts student from all across the globe to enroll in
different institute,producing the colossal amount of opulence.
Secondly,a few prospering nations take a stand to uproot
this discrimination by developing friendly ties with poorer countries and by
supplying modernized machines to enhance a standard of living .This magnanimous
act could be ample to encounter bleakest factors that opposes the growth rate.For
example, North America provides technical assistance to South American
countries for improving their Mining system.Moreover, bottom line continents
built up uncompromising educational structure , because spectacular and
tremendous quality education proven to be lucrative for desirable success.
To sum up,negligence ,ignorance and dependency of any
country management would be a reason of downfall, but hard work,flawless
educational system and insightful administration could fasten up the process of
triumph.
Thank you, for sharing a wonderful vocabulary to improve writing
ReplyDelete