0
How developed countries can benefit from providing aid to underdeveloped countries?
I suppose the main reason is the fact that developed countries have SO much, and we're capable of giving to those who have so little. For many of those in developed countries, food isn't really a questions, children are raised by their parents who have "9 to 5" jobs, and families can afford new TVs, new cars, and new homes, even if nothing is necessarily wrong with the old ones. This is not the case for so many in underdeveloped/poor countries. Often times the older kids, maybe only older by a year or two, have to provide for their younger siblings. They have to search for food, and many days, they may not find it. Parents are out trying to provide for their families, and often times have to be absent so as to do this. There's also increased danger. Those who do live in houses likely live in shanty ones, without running water or electricity, or even locks on their doors. These peoples' daily lives are filled with dangers and questioning of survival. If you really want to see the need of these countries or experience firsthand why you should help them out, I would recommend going on a trip for disaster relief or a general mission trip or something to third world country. Not only will you come back realizing how blessed we are and how much we have, but you can also see the small things you can do that can help other people so greatly. It's a truly rewarding experience.
What else can I help you with?
What is one way that developed countries help underdeveloped countries to improve their economic?
They can teach undeveloped countries how to use the resources available in their own lands to benefit their population.
How does developing countries benefit from globalization?
People in developing countries have access to innovations of the developed world. This includes computers, and cutting edge medical innovations.
How did their status as colonies of European powers have an effect on the development of many less developed countries?
Countries that were colonized by European nations had the benefit of a military presence that less developed nations did not have access to. However, these same nations had to fight for independence from the colonizing nation to benefit from the resources that were previously taken away and sent to the homeland.
Why have developing countries failed to benefit from the spread of the free trade around the world?
Developed countries continue to maintain high tariffs on the agricultural goods that developing countries export in large numbers.
Why have many developing countries failed to benefit from the spread of free trade around the world?
Developed countries continue to maintain high tariffs on the agricultural goods that developing countries export in large numbers.
What is one way that developed countries help underdeveloped countries to improve their economic?
They can teach undeveloped countries how to use the resources available in their own lands to benefit their population.
Why hasn't globalization benefit the majority of the worlds underdeveloped countries?
Underdeveloped countries don't have the productive capacities necessary to take advantage of increasing international trade.
What is one way that underdeveloped nations can increase growth in Gross Domestic Product?
Studies conducted by economists at the Federal Reserve Bank of New York indicate that under developed nations can benefit and increase their GDP by importing high technology products from developed nations. As a whole, trade between less developed nations and underdeveloped ones, have resulted in economic benefits for less developed nations.
What can help less developed countries do to affect domestic innovation?
Developing countries can benefit from an expansion in international trade markets.
How does developing countries benefit from globalization?
People in developing countries have access to innovations of the developed world. This includes computers, and cutting edge medical innovations.
What is structural innovation?
Structural Innovation is the process of adding upon technologies in a way for developed countries to benefit exponentially.
How did their status as colonies of European powers have an effect on the development of many less developed countries?
Countries that were colonized by European nations had the benefit of a military presence that less developed nations did not have access to. However, these same nations had to fight for independence from the colonizing nation to benefit from the resources that were previously taken away and sent to the homeland.
Why have developing countries failed to benefit from the spread of the free trade around the world?
Developed countries continue to maintain high tariffs on the agricultural goods that developing countries export in large numbers.
Why have many developing countries failed to benefit from the spread of free trade around the world?
Developed countries continue to maintain high tariffs on the agricultural goods that developing countries export in large numbers.
Why have many developing countries failed to benefit from the spread of free trade around the world...?
Developed countries continue to maintain high tariffs on the agricultural goods that developing countries export in large numbers.
What is the Difference between developed and under developed economy?
Developed economies are characterized by high income levels, advanced technological infrastructure, and a diverse industrial base, leading to a high standard of living and low poverty rates. In contrast, underdeveloped economies often face low income levels, limited access to education and healthcare, and a reliance on agriculture or raw materials, resulting in higher poverty rates and economic instability. Additionally, developed economies typically benefit from strong institutions and governance, while underdeveloped economies may struggle with political instability and weaker institutional frameworks.
How does the impact of globalization benefit developed countries more than developing countries?
outsourcing replaces workers in developed nations with workers in developing nations
