Poor Countries Essay

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Why are there poor countries?
According to “The School of Life” there are 196 countries in the world and 25 of these countries are very rich, which means that the average wealth per person is over $100,000 a year. These countries are Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Iceland, Ireland, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Singapore, South Korea, Spain, Sweden, Switzerland, Taiwan, UK, and USA. Also there are the 20 poorest countries in the world which are the Democratic Republic of Congo, Niger, Burundi, Mozambique, Chad, Liberia, Burkina Faso, Sierra Leone, Central African Republic, Guinea, Eritrea, Guinea Bissau Mali, Ethiopia, Zimbabwe, Afghanistan, Malawi, Cote D’ivoire, Sudan and Gambia. The average wealth per person in these countries is under $1000 a year. (Life, 2014)
In my opinion the main reason for the existence of the poor countries is exploitation. Developed countries, such as UK, France, Italy, Spain etc., went to the less developed countries, such as Africa, and exploited them. They took control over the country
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than McDonald’s restaurants and netting upwards of $7 billion annually in fees; and the colossal expansion of the subprime lending industry, which was generating upwards of $100 billion in annual revenues at the peak of the housing bubble? And yet conventional accounts of inequality, structural and cultural approaches alike, continue to view urban poverty strictly as the result of some inanity. How different our theories would be — and with them our policy prescriptions — if we began viewing poverty as the result of a kind of robbery. (Ruccio,

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