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?

The

world

has different

countries

with different face values. Some

countries

are more fortunate than others in terms of

resources

so they make more

money

than other

countries

. It is a common notion to people that first

world

countries

should not only provide

money

for third

world

countries

,

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but

also

extend help in other

forms

as

money

is not enough to combat

poverty

alone. I, for one, do not disagree with

this

due to

the following reasons.

Firstly

,

poverty

comes in many

forms

of economic crisis. It could be because of

lack

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a lack

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of

resources

, manpower or a dysfunctional government

therefore

,

while

financial

aid

would go a long way it does not address the current problem in every third

world

countries

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country

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.

Secondly

, inflation is a constant variable in the economy. The value of

money

decreases when there is a significant increase in the demand for

resources

compared to the number of

resources

available.

Moreover

, as

money

could be a quick

resolve

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resolution

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for

the

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poor

countries

now it does not resolve the issue of

poverty

in the future.

Lastly

, there is no assurance that the financial

aid

given by the rich

countries

will be used directly to help combat

poverty

. The difference in the opinions of the government officials in each

countries

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country

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who are recipients of

this

financial

aid

is a main factor in deciding how the

money

will be used. To explain, the

money

given by the first

world

countries

could be used in different

forms

like buying

resources

, increasing manpower or

pocketed

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being pocketed

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by corrupt

official

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officials

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, so there is no guarantee that

this

will directly address the

poverty

issues of the country.

To conclude

,

money

alone does not exterminate the ongoing issue of

poverty

in

the

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less fortunate

countries

.

However

, other

forms

aid

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of aid

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like medicines, food and healthcare facilities could make an enormous difference.