Rich countries often give money to poorer countries, but it doesn't solve poverty. therefore developed countries should give other type of help to the poor countries rather than financial aid. To what extent do you agree or disagree. Give reasons for your answers with examples.

Financial aid provided by developed countries to underdeveloped countries only proffers temporary solution to
poverty
,
thus
, other areas that could bring about permanent financial freedom should be exploited. Constant financial aid to poor countries, result in increased dependence and laziness , ma
in
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,
taining the status quo,
henc
e
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,
richer nations should industrialize less developed countries as
this
would increase job opportunities, raise taxes, and internally generated revenue of the nation thereby terminating
poverty
.
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.
Developed country are i
n t
Suggestion
is
he habit of giving money to poorer countries with the aim of restoring financial health.
This
act of kindness unknowingly breeds laziness in the mind of citizens and government delegates of less developed countries, as
such
, they develop a lackadaisical attitude toward nation development
hence
promoting
poverty
.
For instance
, Nigeria, a less developed nation only exploits the field of oil and gas in the face of many other underdeveloped sector . Ni
ge
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.
ria's health sector receives aid, especially in the region of AIDS\HIV, a field that can be greatly developed thereby generating jobs as a lot of research is still required as regards a cure for HIV. Eventually the medication,when
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,
finally
sought can be sold around the globe, raising financial independence of a country. Richer countries, rather than lending financial support, can industrialized poorer countries .
Fo
r
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.
example, set up a tourist site which would attract international investors, provide jobs for the locals and generate revenue, technological ideas, can be shared and implemented. In conclusion, the monetary support rendered by rich countries to poor countries results in temporary alleviation of
poverty
, the less developed countries remain in a very poor state, as
such
, it is well agreed that developing nations should not be rendered financial support, rather, industrialization of underdeveloped country would eradicate
poverty
.
Submitted by Dammy on

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