Some countries have become much richer than others. Richer countries should now help poorer countries. To what extent do you agree or disagree with this opinion?

Recent decades have witnessed tremendous economic development;

however

, the gap between the opulent and impoverished nations remains considerable. It is argued by some that richer

countries

should assist poorer

countries

by sharing the excess of wealth to provide basic necessities. While

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others condemn the idea due to the fact that several

countries

in the past suffered from slavery

as a result

of being dependent on

the

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powerful

countries

. I believe that for any country self-sufficiency is better than dependence.

Firstly

, economic aid in any form can increase dependency which leads to

lack

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a lack

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of resources and innovations. If a country relies completely on the other for development, it loses motivation and strives for living. Poorer

countries

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, therefore,

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therefore

become heavily indebted to rich

countries

. The

second

reason for my view is that the hand extended to help is often misused. Free resources are at the risk of corruption. Though, there are several caveats for proper distribution. Yet, there is no accountability factor

that is

taken into consideration while managing the aid. But, if the

countries

are developing independently, they would be definitely cautious about the distribution of wealth.

Lastly

, I reckon when there is development; there is inflation which creates

hike

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a hike

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in

prices

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the prices

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of commodities, making the poor more deprived. In fact,

as a result

of

this

artificial competition in the marketplace,

poverty-stricken

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the poverty-stricken

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class is adversely affected.

As a result

, the assistance proves lucrative to

high-class

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the high-class

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rather than

low-class

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the low-class

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.

Hence

, assistance can be considered as

the

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ineffective solution to eradicate poverty. While

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there is no denial of the fact that periodic assistance in terms of financial aid and provision of advanced technology might prove beneficial for developing nations.

However

, governments in poorer

countries

should

also

implement proper policies and instil healthier and culture among communities.