25. Rich countries often give money to poorer countries, but it does not solve poverty. Therefore, developed countries should give other types of help to poorer countries rather than financial aid. To what extend do you agree or disagree?

The poorer
countries
' economic crisis has now become a hot topic in every discussion forum in developed
countries
.
As a
result
, rich
countries
frequently provide financial
assistance
to them in
order
to cover their expenditures while
also
intending to solve their problems. It does not,
however
, always shed light on
poverty
. I agreed with the statement made.
This
essay will discuss how developed
countries
should give their resources to poorer
countries
in
order
for them to overcome.
To begin
with, it is undeniable that the number of resources required to drive the country has increased dramatically in recent decades.
As a
result
, when seeking financial
assistance
from the wealthiest
countries
, these poor
countries
frequently extend their hands.
However
,
this
does not always
result
in a solution.
As a
result
, I believe that developed
countries
should establish factories or manufacturing plans in developing
countries
in
order
to boost their economies by creating a large number of job opportunities. These results will not be visible in a short period of time, but they will be beneficial for a longer period of time.
For example
, if the country has a high level of unemployment, financial aid from developed
countries
will not be sufficient to alleviate
poverty
.
Second
, if the country is experiencing a decrease in agricultural production due to crop quality, economic
assistance
will be ineffective in alleviating
poverty
. The developed
countries
should transport their prestigious seeds to them in
order
to increase their production ratio.
On the other hand
, in some cases, money is simply a tool that can assist poorer
countries
in overcoming
poverty
. A good example to demonstrate my point is that during the Covid pandemic, many
countries
sought financial
assistance
from developed
countries
to cover their expenses. To conclude, I believe that rich
countries
must assist poorer
countries
in creating job opportunities, providing food and medicine, rather than simply providing financial aid.
Submitted by patelmihir2146 on

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Topic Vocabulary:
  • poverty alleviation
  • economic inequality
  • developing nations
  • foreign aid
  • sustainable growth
  • technical assistance
  • expertise
  • infrastructure
  • education
  • fair trade
  • trade barriers
  • sustainable development
  • environmental conservation
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