Poverty in Third World Countries is due to Prosperity in First World Countries

Hello friends,

Well 3rd world countries what they really need right now is a a continent with sound medical and engineering services, proper infrastructure, proper government (avoiding civil wars like somalia) for their citizens because only a safe and sound mind, calm and composed not solitary perhaps they need foreign support, but I will say let them solve their issues on their own. Interfering within might create gropus of countries like china supporting pakistan and bla bla so what I say is let them be on their own for a moment, make them realize what they lack and guide them properly with aids so that their can be a balance in world and no stomach sleeps in hunger.

I think there are plenty of reason to remain developing country not a developed country. As our people are not interested to think different and form a unique mind which can bring a good effort to our country. Like A P J ABDUL KALAM AJAD who is a inspiring people to us who also suffered poverty but became a Indian idol. We just fascinating ourselves by doing some crazy thing. Indian peoples are most emotional. They just adopt the foreign fashion and modelling but not their rules and regulation. Foreigner also enjoy their life but they not forget their commitment what they promised, they think different in scientific way. If this proceed so Indian will remain developing country never the developed country.

My views on this statement are somewhat in the midway. First of all, initially the "first world countries" have gained this tag because the development began for them at a very initial stage. They could utilize their resources, labour and capital in an efficient manner at a point of time when other countries did not even have thought of it.

By the time these giants were developed and self sufficed, the awareness in the "third development countries" was in a premature state. Hence, the economy of the latter could not compete with that of the former. This led to decrease in value of the money for underdeveloped or developing nations. And the growth is felt at a very slower pace than the developed ones.

Hence, the poverty exists due to both the reasons.

The question is not 'how is poverty caused, ' but rather 'what causes prosperity?' Centuries ago, practically everyone was poor i.e. living on less than $2 a day (excluding, of course, kings and nobility). Then the Industrial Revolution in Britain occurred, man's output was drastically increased and the creation of wealth began in earnest. America's founding on 4th July 1776 created a nation based on Judeo-Christian values which included the free market, land rights and freedom. And from there it became the most influential power of today.

The developing of a country from the third world to the first includes a free market. To make a country rich, you have to increase its GDP, that is, its goods and services. Machines allow people to double, triple, quintuple their output, thus making them rich (e. G. One man in a combine can make enough food by himself to feed a city, compared with a thousand man working by hand). To stimulate an economy you have to create an environment in where goods and services may be produced - the free market. America's free market is what made it rich. Communist control makes a country poor because it destroys an individual's incentive to work. Whereas in America, the harder you work, the more money you get, in the Russia of yesteryear, all your work went to the 'common good' no matter how hard you worked you got the same. That's where an economy stagnates. The trick to prosperity is a free market, and land ownership - where the harder you work the more money you get and that this is recognized by the state.

There are some caveats however. When carbon caps/taxes are (self) imposed on a country (in an attempt to 'modernize' e. G. Kenya) that prevents economic growth by taxing what the country needs most - cheap free energy. Another instance in where the above statement holds true is when the first world meddles in third world affairs. This was seen in colonialism/imperialism in the past, in the middle east today (where the US gets involved in a complicated situation, engages in war and creates an extremely unstable socio-political economic environment) , and in South-East Asia and Korea during the Cold War. Warfare in a country is not conducive to prosperity. Finally, hand-outs from the first world directly to developing countries governments creates political insecurity and thus economic stagnation (i.e Africa). Unstructured handouts to poor countries are easily embezzled and lost in bureaucracy. They also destroy an incentive to work, and rather create an incentive to seize power.

That's a few thoughts on the issue.

With respect to all, 1st world countries are developed but HOW? Due to their own creativity and labour. We are in a developing country named INDIA. Yes, we can also improve, we can also progress our nation by developing ourselves. Look, my English is very poor, yes it is. But I can't blame to my teachers for that. I can struggle my self to improve. Likewise our nation is also undeveloped, so we can do such great things to develop it. I think developed countries like USA, JAPAN etc are not responsible for that.

Hi,

In my opinion it is not a true statement because the prosperity depends on one's manpower and the ability to do the work. India though it is a third world country ie developing country is not like that. In India also many people work hard for the development of themselves and the nation also. If the prosperity is there in the first world countries it means it is due to their team work and their ability.

According to me one thing is clear that increase in density of population leads to raise in poverty of that country. But there is still one more factor that leads to raise in poverty, i.e. unity among the people and their interest in improving the economical conditions of our country.

Friends, LASKI once said that I didn't have right to eat cake if his neighbor went bed without having a piece of bread. This sows in somewhat we are related to all people who are in this world. Those who are in list of developed had somehow got from other country for example what is england is today it is because of colonialism in which they looted countries like India.

So in my opinion their prosperity in some how is related with d misery of poor countries.

No, it not like that, because, it only depends on brain drain, i.e. the well, educated, clever peoples are moved to other countries. So, wealth of the developing country decreases, wealth of the developed countries increases.

According to my opinion this statement is not true because any country that is developed is due to its own effort and devotion of their citizens towards their country and condition of any country depends on their resources, government. We can take ex. Of India in which corruption is at its zenith.