in our country there is between the rich and poor
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The Differences Between Rich and Poor Countries
More economically developed countries are richer. This means that the
countries make more money and the people in the countries have more
money to spend on health, education, food and luxuries. People in
these countries earn enough money so that they can borrow even more
and buy their own houses and cars. They do jobs in the service
industries, which mean they help people, like teachers and doctors.
Less economically developed countries are poorer. That means that the
countries make less money and the people in those countries have
little money to spend on health, education, food and luxuries. People
in these countries often grow their own food to feed themselves and
their families. This means that lots of people in less economically
developed countries are farmers.
[IMAGE]
Why Are Some Countries So Poor
There are lots of reasons why some countries like Africaand the Indian
sub continent are so poor.
Here are a few of these reasons:
Ø They are mostly old colonial countries. This means that they used to
be ruled by one of the rich countries. E.g. Britain used to rule over
India. During that period of time the country was exploited by
removing the valuable natural resources and not paying a fair price
for them.
Ø Since many of these countries have become independent they still
haven't been treated very well. Natural resources, like iron ore, are
still bought from them by richer countries which do not pay very much
for them. Raw materials are generally quite cheap. They are then
turned into something useful and sold back for a very high price. This
means that the poor countries actually get poorer.
Ø As well as the rich countries actually exploiting the poor ones they
have international debt. Many poor countries have borrowed billions of
pounds from the rich countries which charge huge amounts of interest
on the loans, thereby increasing the gap between rich and poor.
More economically developed countries are richer. This means that the
countries make more money and the people in the countries have more
money to spend on health, education, food and luxuries. People in
these countries earn enough money so that they can borrow even more
and buy their own houses and cars. They do jobs in the service
industries, which mean they help people, like teachers and doctors.
Less economically developed countries are poorer. That means that the
countries make less money and the people in those countries have
little money to spend on health, education, food and luxuries. People
in these countries often grow their own food to feed themselves and
their families. This means that lots of people in less economically
developed countries are farmers.
[IMAGE]
Why Are Some Countries So Poor
There are lots of reasons why some countries like Africaand the Indian
sub continent are so poor.
Here are a few of these reasons:
Ø They are mostly old colonial countries. This means that they used to
be ruled by one of the rich countries. E.g. Britain used to rule over
India. During that period of time the country was exploited by
removing the valuable natural resources and not paying a fair price
for them.
Ø Since many of these countries have become independent they still
haven't been treated very well. Natural resources, like iron ore, are
still bought from them by richer countries which do not pay very much
for them. Raw materials are generally quite cheap. They are then
turned into something useful and sold back for a very high price. This
means that the poor countries actually get poorer.
Ø As well as the rich countries actually exploiting the poor ones they
have international debt. Many poor countries have borrowed billions of
pounds from the rich countries which charge huge amounts of interest
on the loans, thereby increasing the gap between rich and poor.
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