answersLogoWhite

0

Is Bangladesh a poor country

Updated: 8/22/2023
User Avatar

Wiki User

12y ago

Best Answer

It's a small country with one of the highest population density in the world. Which depicts two realities of Bangladesh, firstly its cheap labour force, secondly the limited resources. The whole development prospectus of Bangladesh lies on the fact that how the nation explores its potentiality between these two realities.

Education: Although its workforce is cheap, Bangladesh doesn't offer quality outsource, due to lack of skill labor and low education rate. Which should be its prime area of concern. Without a justifiable human resource development long term economic progress is never possible. Therefore education, especially in the rural Bengal is highly essential.

Infrastructure

Transportation: Bangladesh needs to develop a proper business environment. It has came a long way of infrastructural development since the independence at 1971. A river bridge on Jamuna, and recently undertaken Padma bridge surely is bringing a new era of communication as well as economic growth at North-West, and southern parts of the country. Although capital Dhaka severely fails to provide an effective traffic system which is caused by both lack of modernization and proper monitoring.

Power: Real deficit in the development of Bangladesh lies in its energy sector. Without ensuring smooth electricity at the industrial sector Bangladesh doesn't stand a chance in the competitive market economy. Its exports, domestic economic activities and foreign investment all can be affected by this. Currently a lot of private investments on gas based electricity were encouraged by the government of Bangladesh. It has also turn into nuclear source for its energy need by initiating a 2400MW power plant with assistance of Russia, which will be followed by a second project at the southern part of the country.

Development of Bamgladesh is not a stagnant process, it's running with the full capacity with an annual growth over 6%. By prioritizing education and infrastructure it can smoothen the journey ensuring real benefit of the people.

User Avatar

Wiki User

8y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

12y ago

no ask neil Lennie

This answer is:
User Avatar

User Avatar

Wiki User

13y ago

probably not

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

Yes. Bangladesh is a third world country.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is Bangladesh a poor country
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is Bangladesh a MEDC?

Nope Bangladesh is a LEDC A Poor Country in South Asia


Is the country Bangladesh rich or poor?

Bangladesh is a very poor country. Almost all the people in Bangladesh have no food or need help. The poor people go aroung streets, nock on doors and ask for only a bit of food, water and money. Only a few people in Bangladesh have a lot of money.


What caused the Bangladesh flooding in 2004?

becaus they r poor and do not have cameras like us as it is a poor country


Why is there a high death rate in Bangladesh?

Bangladesh is an LEDC (Less Economically Developed Country); this means it is a poor country, with little or no access to healthcare or medicine, and poor sanitation. These contributing factors cause a high death rate.


Is Bangladesh a rich place or poor place?

Bangladesh is considered a developing country with a low income level. While it has made progress in various sectors, poverty and inequality persist in many parts of the country. The GDP per capita is below the world average, indicating that it is more on the poorer side.


What is it like living in Bangladesh?

Bangladesh is a country in Asia, bordering India. The country's Capital is Dhaka. Although it is an underdeveloped country, Bangladesh has witnessed a rise in the trade in past decade. The main export of Bangladesh is garments.


Who is more poor Bangladesh or Somalia?

BANGLADESH


Why do people migrate from Bangladesh to other countries?

People from Bangladesh migrate to other countries for various reasons, including seeking better economic opportunities, escaping poverty, political instability, and natural disasters, and reuniting with family members who have already migrated. Additionally, some individuals may be motivated to pursue higher education or job opportunities not available in Bangladesh.


Name a country that ends in the letter H?

Bangladesh is the only country that ends in the letter H


Is Bangledesh a country or city?

Bangladesh, officially the People's Republic of Bangladesh, is a country. Bangladesh won independence from Pakistan in 1971.


Is Bangladesh in China?

Bangladesh is a country. It is not in China.


Which country biger Nepal or Bangladesh?

Bangladesh