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While some progress has been made in narrowing the income gap between poor and rich countries, many developing nations still face challenges in catching up due to factors such as unequal access to resources, technology, education, and infrastructure. Global cooperation and targeted interventions to address these disparities can help facilitate economic growth and development in poorer countries.

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Q: Will the poor countries catch up with the rich?
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Problem faced by developing countries?

They are a lot of problems faced with developing countries namely: - Poor infrasture set up such as roads, schools and hospitals, housing, without these mentioned basics one can not expect development and in developing countries it is the order of the day. - Most developing countries are faced with corruption, that even the little they have they dont apply it to the development of the Country and hence a set back - income inequality has hit most developing countries, where the poor have remained poor and the rich have reamined rich. - Most developing Countries are war mongers and they end up spending a lot of time fighting and forget the development of the country.( Poor politics) - Once the country is facing a Political crisis, it is difficult to convince they investors to invest in your country for fear of their secuirty. - Lack of employment, after struggling with school dues and graduating with a degree , you find yourself walking on the streets looking for employment.


What are devoloping countries?

Developing countries are nations with lower levels of industrialization and lower standards of living compared to developed countries. They often struggle with issues such as poverty, high infant mortality rates, and lack of access to education and healthcare. These countries are working to improve their economic, social, and political conditions to catch up with more developed nations.


What three countries make up the island of Borneo?

Indonesia, Malaysia, and Brunei are the three countries that make up the island of Borneo.


Which 3 countries make up borneo?

The three countries that make up Borneo are Malaysia, Indonesia, and Brunei. Each country governs a section of the island.


How many countries make up the eastern hemisphere?

There are 91 countries in the Eastern Hemisphere, including countries in Europe, Asia, Africa, and Oceania.

Related questions

Why is china so rich and Burma so poor?

It is because USA is so rich and Burma is so poor. It is also the reason why USA is so rich and India is so poor. Colonists stole lands and resources and became rich while poor countries did not invade and kill and became so poor. China is also a poor country. It was invaded for the past 200 years and its land is lost to many other countries up to this moment. China is very pity.


Was Wayne Gretzky poor or rich when he grew up?

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Is dominica rich or poor?

Compared to the U.S it is poor but compared to most countries in central and south America it is wealthy. Like most underdeveloped countries the Dominican Republic is rich in land and mineral deposits. Its people range from poor to wealth. Most are middle class.


What did the rich think of Stalin as?

Mostly the poor were pro Stalin and many of the rich upper class fled to other countries. The rich did not want to be equal comrades and give up their wealth for communist Russia.


Is Wolfgang Amadeus Mozart rich or poor when he grew up?

rich


Was Abigail Adam's family poor or rich while she was growing up?

poor


Was Tony Hawk poor or rich as he grew up?

tony hawk the best skateborder was rich as he grew up


Did thomas Edison grow up rich or poor?

in the middle


What do Poor people have it rich people need it if you eat it you die?

The term poor is relative. As much as some people are called poor they usually have something which the rich usually look up to.


What do poor people have rich people need and if you eat it you die?

The term poor is relative. As much as some people are called poor they usually have something which the rich usually look up to.


Why are cocoa beans grown in poor countries but processed in rich countries?

It is more chance than anything related to rich and poor. Cocoa is grown where the soil and climate best suit the crop. Companies purchase the beans, process them and then sell the product. A processing company could be set up near where the beans are grown and shipped, but the cost and logistics may not be profitable enough to do so.


What is the UK society in 1500?

It was split up into the poor and the rich. The rich would talk to the rich and the poor would talk to the poor.the rich talk to the poor.the poor talk to the rich.NO THEY WOULD NOT TALK TO DIFFERENT SOCIETY CLASSES! Thank you . find me on animaljam im violetrosy0!:3