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Topic: Why are rich countries rich and poor countries poor? - page 8. (Read 16644 times)

hero member
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This can be demonstrated by countries like India and Egypt, which are more than
2000 years old and are still poor countries.

India was one of the richest countries in the world, before the Islamic invasion began in the 12th century. The invaders looted most of the treasures (such as gold, precious gems and artworks) and destroyed the major cities. The intellectuals and other important sections of the society such as physicians and scientists were disproportionately targeted.

As the people become poorer, the country has to stretch their money to assist them and that drives the system down further.  and same happened with India.

Well, the people became poor as a result of the foreign invasions. There were a number of Islamic invasions in North India, killing hundreds of thousands of people every time. The major temples were looted, and the treasures were stolen.

You are onto something, political instability is partly responsible for poverty.

However, not, if you take 300, 400 or 500 years into account. South Korea was for much of 20th century either occupied, at war or ruled by dictators, yet today its living standarts are broadly comparable to Germany.

Rather I propose model where resources per people (ie. overpopulation), local work ethics aswell as geopolitics all play a part in overall scheme of things.
legendary
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Leading Crypto Sports Betting & Casino Platform
This can be demonstrated by countries like India and Egypt, which are more than
2000 years old and are still poor countries.

India was one of the richest countries in the world, before the Islamic invasion began in the 12th century. The invaders looted most of the treasures (such as gold, precious gems and artworks) and destroyed the major cities. The intellectuals and other important sections of the society such as physicians and scientists were disproportionately targeted.

As the people become poorer, the country has to stretch their money to assist them and that drives the system down further.  and same happened with India.

Well, the people became poor as a result of the foreign invasions. There were a number of Islamic invasions in North India, killing hundreds of thousands of people every time. The major temples were looted, and the treasures were stolen.
sr. member
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I personally think it is the competence of governance and also the values and culture of the country. If the leaders are competent and implement good policies, the country will flourish. However, there're many countries where their poor systems have been entrenched since long ago and are hard to overhaul for the better.

sr. member
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Sometimes its not about leadership that determines if a country is rich or poor, Its also about natural resources or how technologically advanced the country is.
Philippines have lots of natural resources but still poor as fuck. Really hate the governance of this country. The real reason why poor country can't develop it is because of the oligarchs. Businessmen creates the president.
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This can be demonstrated by countries like India and Egypt, which are more than
2000 years old and are still poor countries.

India was one of the richest countries in the world, before the Islamic invasion began in the 12th century. The invaders looted most of the treasures (such as gold, precious gems and artworks) and destroyed the major cities. The intellectuals and other important sections of the society such as physicians and scientists were disproportionately targeted.

As the people become poorer, the country has to stretch their money to assist them and that drives the system down further.  and same happened with India.
sr. member
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Many factors that cause it,
Such as the economic growth rate of each country, the low level of education causes the economic system is less significant.

It is a cycle that eventually hard enforces the 80/20 rule and separates society in geographic, social and financial groups.
copper member
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Many factors that cause it,
Such as the economic growth rate of each country, the low level of education causes the economic system is less significant.
legendary
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crap cultures. 
member
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Some rich countries are poor and some poor countries are rich. Why? Some wealthy countries such Alaska, Canada *some areas*, Iceland and etc. are poor because but they lack of population. Yes, They are wealthy in terms of Job and resources but at some point it has a disadvantages. Some poor countries such as Philippines, Nepal, Indonesia, Thailand and etc. are Rich in terms of culture, natural resources, man power.

To answer the question. Why rich countries are rich? Government could be one factor, Good government contributes to good economy and many investors. With this people in the certain countries are satisfied because of the benefit that they're receiving. Why poor countries are poor? Again Government could be a factor. Corrupted government would do no good in the economy. Language barrier could also a factor, Investors are afraid to invest due to the country's location or the market is so small that at some point there company would be force to close.
sr. member
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Because rich countries produces things that cost more in $. Cars, electronics, medicaments... IQ is important thing I would say, but not decisive.

What about the richest country in the world (Qatar)? They don't produce any cars or medicaments. All they have is huge natural gas deposits, which they export mainly to the European Union, South Asia and Japan.

Heavily relying on the exploitation of a non-renewable resource is hardly the best way to ensuring sustainable growth. Especially if much of that income is siphoned off by an elite class. The Middle East don't look like Congo but the amount of money "paid" to royals is still staggering. The subsidies citizens get are just a small fraction of the total wealth from oil, just enough to keep them from complaining.

IMHO services and manufacturing would be the best way out of poverty for poor countries that are also resource-poor.
legendary
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Because rich countries produces things that cost more in $. Cars, electronics, medicaments... IQ is important thing I would say, but not decisive.

What about the richest country in the world (Qatar)? They don't produce any cars or medicaments. All they have is huge natural gas deposits, which they export mainly to the European Union, South Asia and Japan.

You are just looking at gdp per capita. Which can be totaly wrong like in the case of quatar when the royals own 90-95% of the nations wealth.
legendary
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Leading Crypto Sports Betting & Casino Platform
Because rich countries produces things that cost more in $. Cars, electronics, medicaments... IQ is important thing I would say, but not decisive.

What about the richest country in the world (Qatar)? They don't produce any cars or medicaments. All they have is huge natural gas deposits, which they export mainly to the European Union, South Asia and Japan.
copper member
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Rules of the nature, if there are no poor then you'll never know the meaning of being poor, if you have no plane to fly with, then no matter how many times you hear about flying you'll never truly understand what it is because you'd never been able to experience flying.
full member
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Because rich countries produces things that cost more in $. Cars, electronics, medicaments... IQ is important thing I would say, but not decisive.
hero member
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Some of these poor afican countries like Sudan for instance have massive wealth in mineral assets like gold, diamonds, oil, timber ect but the western countries always stiff them on the deals and thats only if the leaders of these countries haven't stolen everything for themselfs and fled the country to live in luxury exile somewhere else.


Rich countries rely on natural resources, minerals and foodstuffs for export to countries around the world. The people here have high income and better living standards. Yet there are still many countries in the world that are very poor in their lack of food, clothing, shelter, entertainment. The standard of living of the people is low
sr. member
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Sometimes its not about leadership that determines if a country is rich or poor, Its also about natural resources or how technologically advanced the country is.
sr. member
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Bad administration of governors/respurces, people value's, and other things.
A strong example could be Venezuela, they're in desvastating conditions and the scenario is turning even worse.
Rich countries have organized systems and ways to optimize their resources.
In each country, poverty and wealth go hand in hand, because some people make profit about others, and the poor could not oppose the rich, which takes even the last money from them. Died very rudely with poor people, but this is nowhere to go and this trend has been going on for many years.

It's not just the wrong management of the country. In fact, to bring the country out of crisis and poverty, it is necessary to make fundamental changes. People from poor countries are used to living in poverty and it is very difficult to change their mentality
sr. member
Activity: 429
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Bad administration of governors/respurces, people value's, and other things.
A strong example could be Venezuela, they're in desvastating conditions and the scenario is turning even worse.
Rich countries have organized systems and ways to optimize their resources.
In each country, poverty and wealth go hand in hand, because some people make profit about others, and the poor could not oppose the rich, which takes even the last money from them. Died very rudely with poor people, but this is nowhere to go and this trend has been going on for many years.
newbie
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Bad administration of governors/respurces, people value's, and other things.
A strong example could be Venezuela, they're in desvastating conditions and the scenario is turning even worse.
Rich countries have organized systems and ways to optimize their resources.
legendary
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Merit: 1352
Leading Crypto Sports Betting & Casino Platform
The lack of natural resources is to blame for everything. We are all born in unequal conditions. Soil fertility, population density, the level of education. For example, on such a big territory like Canada live only 50 million people, and that country is rich as we all know. Simple.

More than two-thirds of Canada is Arctic wasteland. And most of the remainder is in the Rocky Mountains area, where the terrain is not very conductive for any productive activity other than tar sands extraction and mining. You can't compare Canada with a nation like Bangladesh. In Canada only around 5% or 10% of the total land may be suitable for productive activity. In Bangladesh, that proportion may be well over 80%.
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