Rich countries are getting richer while poor countries are getting poorer. What is the cause of this. What could be done to solve this problem?

Wealthy

nations

are increasing their

wealth

as ever before, whereas

countries

with less

wealth

have more poverty than ever. I think

this

is because

nations

with

wealth

already have omniscient

people

, and

technology

in place which are needed for investment in the nation’s

economy

and success.

Thus

,

countries

with great poverty deprived of these components are not able to thrive. One solution to

this

problem is to make

nations

with resources invest in the poor ones.

Nations

increase their

wealth

because a large part of their population is well-educated

people

that make

money

.

Money

is invested in enterprises and

technology

which give yield and boost the

economy

of the state.

Technology

is in place and is even developed

further

to generate resources for the benefit of the state. To exemplify, the US is the centre of the most renowned companies worldwide

such

as Amazon, Apple, and Microsoft. These companies are continuously growing and earning

money

which

further

contributes to the richness of the US.

In contrast

,

countries

with fewer resources lack the equipment and the

people

with skills to drive the technological development

further

,

thus

marginal possibilities for gaining more

wealth

. In order to help boost the

economy

of the underprivileged

countries

, the affluent

nations

should spend some of their

money

on these. If industries and

technology

could be improved, the higher the chances would be that these

countries

would improve their

wealth

.

For example

, if the World health organization stated that every country should spend one-tenth of their budget on poor

countries

, it is likely to improve

technology

which again would attract more skilled

people

, ultimately necessary for success. In conclusion, the rich ones are gaining more because of more developed

technology

and omniscient

people

compared to the poor ones which lack these factors and have less possibility to flourish in terms of

economy

. To help boost a poor country’s

economy

, investment from wealthy

nations

are required.