Why are rich countries rich and poor countries poor? - page 3.

Sithara007

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Quote from: supine on September 25, 2017, 03:21:24 PM

The reason why rich countries are rich is that they take advantage of poor countries by mining their natural resources and forcing the people to mine their own resources for their own benefit. Poor countries don't have enough resources, gadgets, or technology to enrich, to benefit and use their resources properly.

It is a mutually beneficial relationship. The poor countries don't have the capability to extract the natural resources. So they team up with the developed nations to do the same. The developed nations get a share of the profits and the remainder goes to the poor nation. But the problem is that the latter part is mostly stolen by the corrupt government officials and it never reaches the people.

LeonardoDiCrypto

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Too many factors playing a role, geography, clima, tradition, culture, corruption, exploitation of poor countries by rich countries, and finally luck.

kumbo

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the explanations offered were along the lines of geography, climate, soil fertility, resource endowments, culture, religion, work ethic, ignorance of economic principles and more. However, these hypotheses fail to satisfactorily explain the patterns of poverty and prosperity in today’s world. Modern scholarship points in a different direction.

sladar

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Think of an economy as reflecting three fundamental features: capital, labor and what I will call the “efficiency factor.” A country’s stock of capital consists of machinery, buildings, land, etc. Labor consists of the country’s human resources that are used in production. The efficiency factor determines how well the country turns capital and labor into output.

Arahara0230

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SWISSBORG- THE NEW ERA OF CRYPTO WEALTH MANAGEMENT

The some reasons are: poor country use to it while rich country still working to get richer. Rich country taking advantage on poor country to make poor country poorer and make them richer.

The Cryptologist

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Maybe because they are rich in natural resources just like Middel East, they have plenty of oils.

Sithara007

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Quote from: Cryptonodes on September 25, 2017, 05:11:16 PM

Some countries are more educated, more hardworking. Some have special assets like natural resources, strategic localization, ...

In general I would agree, although there are exceptions. For example, the education levels in Qatar, Brunei.etc is not very high. Yet they rank among the richest countries in the world. On the other hand, countries such as Cuba and Ukraine rank quite high in terms of education attainment. But the incidence of poverty in these nations is staggering.

Cryptonodes

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Some countries are more educated, more hardworking. Some have special assets like natural resources, strategic localization, ...

Andy.P.GReen

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Geographic location, politics, education

supine

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The reason why rich countries are rich is that they take advantage of poor countries by mining their natural resources and forcing the people to mine their own resources for their own benefit. Poor countries don't have enough resources, gadgets, or technology to enrich, to benefit and use their resources properly.

mizumi26

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I'm reading a book with the same title now. And what is even more surprinsing is that although it is a research, it is written in a quite understandable manner

zaynxx

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The reason why rich countries are rich and the poor countries are poor it is because of the leadership of their country. It always starts from the leader cause it controls everything on their country. In the Philippines for example when our President is Marcos we are in the 1st world country but when our President change. Our country go down to the 3rd world country. And it is because of the corruption of the leaders that replace him. So I think the only way to resolve this is great leadership and good governance.

Shimeka30

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This is depend on the leader of the country, If most of the leader officials in the government are not greed and corrupt I'll guarantee you that country for sure will become more prosper. But if one country are surrounded by corrupt leaders, it will obviously the economy of that country will fall down because of this corruptors.

Sithara007

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Quote from: Labay on August 31, 2017, 06:01:39 AM

Rich become richer and poor become poorer, rich have money to know everything or can do study and they can invest to double their money and poor once have the time to work only to live thats why they havent time to study.

Even if the poor works for 12-hours a day, what stops them from utilizing a few hours from their remaining time for studies? If you are looking for excuses, then you will get millions of them. Poverty is not an excuse for low education level.

maciak

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it depends on the government and the history of this country. Experience is very important.

Douglasyukanov

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Quote from: TheCoinGrabber on May 14, 2017, 08:05:42 PM

So I was just surfing the web during my downtime and the internet being a rabbit hole that it is, I realized I got to this page.... http://www.scienceagogo.com/news/20010817233944data_trunc_sys.shtml

Having read Guns, Germs and Steel before (as well as watching the documentary on Youtube), I was really surprised that the difference can be attributed to simple things like frost.

This got me thinking, if you believe the poor countries are already locked in to their fate by the cards dealt them, does this mean they are blameless for their current situation? Did colonialism really messed them up or it simply exacerbated an existing problem? And how can poor countries overcome the challenges to becoming 1st-World?

in fact many poor countries that remain poor are due to their human resources, low education system, poor quality of health make bad human resources, when in fact their country is not poor natural resources, some poor countries have abundant mineral wealth, but because the source human resources are not good, they can not cultivate and explore their own natural resources, ultimately the handling of natural resources is left to rich countries and forming cooperation among those who are less profitable for the poor country.
rich countries will greatly benefit from such cooperation, they can take control of the natural resources of the poor country, can profit much from the processing and exploration of minerals through the cooperation.

Xester

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Quote from: minizi99 on August 31, 2017, 06:36:05 AM

In rich countries, the government is less corrupt and makes the right decisions to improve life in the country, and in poor countries everything is the opposite.

I agree with you. If the government is a good leader, there is a possibility that the economy of a certain country will increase. It is also because they use the natural resources properly and they not wasting it. But if the government is corrupt, irresponsible and not a good leader, the economy of a country will decrease so the country will become poor one.

minizi99

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In rich countries, the government is less corrupt and makes the right decisions to improve life in the country, and in poor countries everything is the opposite.

Labay

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Rich become richer and poor become poorer, rich have money to know everything or can do study and they can invest to double their money and poor once have the time to work only to live thats why they havent time to study.

Sithara007

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Quote from: saheng on August 30, 2017, 07:27:16 PM

lack of religious knowledge and its application.

Ridiculous logic. Look at the most religious nations around the globe, such as Somalia, Sudan, Afghanistan, Nigeria, Kenya.etc. All of them are poor. On the other hand, secular nations such as the European Union nations and the East Asian nations are mostly prosperous.

Topic: Why are rich countries rich and poor countries poor? - page 3. (Read 16644 times)