How can Rich countries HELP Poor countries?
Charities create dependence. Welfare creates apathy. What the wealthier nations need to do is lend tiny amounts of money to enterpreneurs in poor countries (this is called microeconomix). A microenterprise will usually operate with fewer than 10 people and is started with a small amount of capital. Most microenterprises specialize in providing goods or services for their local areas. This will allow poor ppl to take the risks large corporations take, but on a smaller scale. When the loans are being paid back, a new loan with increase is issued and more goods and services can be created and more poor men and women in the neighbourhood can find employment. In terms of agricultural and industrial development, it is necessary to educate the next generation so eventually they can run their own economy. Rich nations can offer scholarships and organize exchange programs for students and professionals. Microeconomix is concerned with the interaction between individual buyers and sellers and th
