Many countries now face an economic downturn so it is better for each country to focus on its own problems rather than helping other countries. To what extent do you agree or disagree?

Nowadays, many

countries

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have

Verb problem

are

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known to sporadically face an economic downturn which some may call a recession. The developed

nations

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are faced with major problems including but notwithstanding unemployment, poverty, healthcare and other socio-economic

crisis

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crises

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.

Thus

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, it is not their responsibility

in helping

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to help

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those suffering from a downturn. I completely disagree with

this

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statement. In

this

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essay, I

would

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will

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analyze both sides of the argument and draw a conclusion from them.

Firstly

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, many developing communities and

third world

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third-world

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regions depend abundantly on their natural resources as a key contributor to the GDP. As commodity prices are dependent on the consequent raw material rates,

this

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could lead to a sharp surge or wane in the economy depending on the demand and supply.

Furthermore

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, there could be various reasons for a crisis including corruption and a housing bubble.

For example

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, when the crude oil price faced a negative decline, many major companies went insolvent and

as a result

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, many states had to increase the cost of commodities available to the public.

Thus

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it is imperative for the developed population to uplift and

gives

Correct subject-verb agreement

give

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a helping hand to the

countries

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which have been struck by the recession.

On the other hand

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, the developed

countries

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are competing with each other to improve healthcare and technology including building some of the tallest skyscrapers. The society which is facing a downturn has not assessed or foreseen the situation

due to

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lapses in the various benefits provided to its citizens.

Although

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the

nations

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have their own problems to take care of, I agree that in times of crisis, it is better to offer support to the

countries

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in need since the world is connected through maritime trade. In conclusion, since many

nations

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are interdependent on each other and since there are various immigrants to the population dependent on the economy, the developed

countries

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must provide the technology and healthcare available to offer financial support to the third-world

country

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countries

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.

This

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would promote more integrity and diversity for the smooth operation of trade between the

nations

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.