There is a significant gap between rich and poor countries. Some people think that richer countries should be responsible for supporting poorer countries while others think it is the responsibility of the poorer countries. What is your opinion?

In the era of globalisation, there are several countries that have the strongest

economy

, while, others are competing to become a developed

country

. There are few masses think that

,

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developed countries should be accountable for assisting backward nations.

This

view is supported by some, others have a strong counter-argument, that, backward countries manage their finances themselves. In my opinion, those

economy

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economists

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who are financially strong would help the developing countries in order to take a stand in

this

competitive era.

To begin

with, Due to the

unequality

Correct your spelling

inequality

of national income backward countries rise more financial burden,

Consequently

, poverty rate increase at an alarming rate. To tackle

this

problem, some people think that, it would be better if

such

lower

economy

would be funded by those strong nations.

This

would help

to

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that

country

to grow at a significant rate.

For instance

, USA considered to be the strongest

economy

in the

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world, as

last

year the USA provides $10 million US to Africa according to the source by Bloomberg,

Such

initiative would be a great impact on those poor nations to grow rapidly.

On the other hand

, a few members think that

such

, poor

economy

would have to manage their finance wisely, If they manage their money rationally, It is able to boost their standard of living,

as a result

, it will automatically reduce poverty.

For example

,

c

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the

a

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ountry should allocate their budget according to the requirement of the sector,

moreover

, they should be more focus on

i

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an

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mperative area

such

as education and healthcare, which lead to boost the overall standard of their population. Apart from

this

,

such

countries need to create more job opportunities,

This

lead to more and more people engaged into a workplace, eventually, productivity increase, which is most crucial aspects of any nations to grow independently. To conclude

this

, after musing both sides of the arguments, it can be said that, nations should allocate their resource wisely to achieve success.

However

, I believe that

,

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well-developed nations should help to backward

country

as they

arealso

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are also

responsible for the growth of some poor nations.