You should spend about 40 minutes on this task. Rich countries often give money to poorer countries, but it does not solve poverty. Therefore, developed countries should give other types of help to the poor countries rather than financial aid. To what extent do you agree or disagree? You should write at least 250 words.
It has been a trend that very often, developed nations provide money to poor
countries
to help them develop their economy. While
the incoming finances indeed help to some extent, it does not really affect the life of an ordinary man. Therefore
, I believe that rich countries
can definitely find other means of support rather than just giving money to poor countries
.
First and foremost, incoming international currency can downgrade a country
's economy even more as it impacts the GDP, which leads to increased prices and inflation. Whereas
, if they invest more in the employment and education sector, it can boost the national economy. For instance
, when multinational companies are built in an area, it not only leads to infrastructural development but also
creates many jobs. Hence
Correct article usage
the unemployemt
unemployemt
rate goes down. There is a saying that, "one should teach the other to fish rather than to feed the fish". I think it completely holds true in Correct your spelling
unemployment
this
case.
Secondly
, When big government bodies receive funds, they choose where to utilize that. While
this
could be beneficial for the country
as a whole, it might not affect the life of a layman. Furthermore
, many nations don't have the advanced technologies available to expand different industries. For instance
, furnishing medical apparatus can provide better treatment to patients and they would not have to spend a fortune to go to another country
for treatments. Likewise
, financing military equipment can help in increasing security
of the Correct article usage
the security
country
. This
could be an advantage for domains that don't have the money to invest in research.
In conclusion, wealthy countries
can invest more in different sectors to make poor countries
much more self sustainable
and independent.Add a hyphen
self-sustainable
Submitted by shwetapanchal172 on
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