Improvement in health, education and trade are essential for the development of poorer Nations. However, the government of richer Nations should take responsibility for helping the poorer nations in such area. What is your opinion?

The economic growth of a
country
is measured on the basis of the overall well-being of its citizen.
Therefore
, it is considered to be important to lay emphasis upon the betterment of health, education and trade. I agree that the government of flourished
countries
should make an initiative to give a helping hand to less privileged
nations
. In
this
essay, I will discuss the reasons to justify my support.
To begin
with, the support provided across the boundaries help in the improvement of business relations. A
country
offering education to poor
countries
can lead the aspirants to work for their neighbouring
countries
to which will
further
enhance the workforce and manpower facilitating in many areas in helping the nation.
For instance
, a student from the Maldives can work in the United States to fill the labour requirements of the in-demand job.
Thus
, money invested in students of poor
nations
can be extracted from them.
Moreover
, a deprived nation can fulfil the demand for resources which are not produced in the homeland by trading goods.
For example
, USA trades oil from Saudi Arabia at a subsidized rate due to good relations among the two
countries
.
This
further
leads to the least fluctuation of prices for the required
country
.
Similarly
, healthcare items are exported to the
nations
with the least developments which
further
alleviates the sale of medical items and enhances trade relations for both. In conclusion, a
country
which lacks monetary fund but rich in other aspects
such
as resources can have a good relationship and both the
nations
can be benefitted.
Submitted by shubhamkaushik1711 on

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Topic Vocabulary:
  • international solidarity
  • philanthropic responsibility
  • bilateral cooperation
  • economic disparity
  • foreign aid
  • sustainable development
  • globalization
  • humanitarian assistance
  • capacity building
  • trade liberalization
  • infrastructure development
  • socio-economic growth
  • healthcare improvement
  • educational reform
  • market access
  • global economy
  • developmental economics
  • financial assistance
  • economic sanctions
  • global governance
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