Sunday 2 February 2014

Shruti Narang,1273646,MBA(F2)

Q (35) - Poverty in Third World Countries is due to Prosperity in First World Countries?

ANS- Introduction-
 What is Poverty?
Poverty is something about not having enough money to meet basic needs including food, clothing and shelter.  However, poverty is more, much more than just not having enough money.

What is Prosperity?
Prosperity is something that comes from within and it feels great. An economic state of growth with rising profits and full employment. Prosperity is the state of flourishing, thriving, good fortune and or successful social status. 

Discussion-
As given in this statement says that poverty in third countries is due to prosperity in first world countries, which means that richer become richer and poorer become poorer. Poorer become poorer due to the richer country. Everyone have their own opinion on this statement. Like some says that, this statement is true that Poverty in third world countries is due to Prosperity in first world countries - because if we looked out in developed countries they are spending lots and lots of money lavishly for their own enjoyment. While, at other part people are struggling to meet their basic needs, we must thing why these differences arise? Both are borne empty handed but one is enjoying and other is struggling all over the life.
While, other things that this statement is not true as because they faced problem due to their own political structure. So, first government should take the initiative to make their country as a developed one. Govt. should make amendments, stop corruption and other activities that bring us down. And prosperity in first world countries is due to the effective policies, innovation, improved technology etc, so why we blame first world countries for poverty in third world countries.

Conclusion-
According to me this statement is not true. Prosperity of a nation depends upon its citizens, upon their seriousness towards the adoption of the rules and by the hard work of the citizens in which they contribute a lot towards the national income of the country.

1st world countries are developed but HOW? Due to their own creativity and labour. We are in a developing country named INDIA. Yes, we can also improve, we can also progress our nation by developing ourselves.

For example-
1) My English is very poor, yes it is. But I can't blame to my teachers for that. I can struggle my self to improve.

2) If someone else cracks in board exam we never say he/she is responsible for those people who are failed in exam. They failed because they are not concentrating their own education.

3) This is one aspect. In another aspect our politician are looting large amount of money from govt fund and keeping it to foreign bank for privacy. So in that case foreign govt is becoming richer.


Likewise our nation is also undeveloped, so we can do such great things to develop it. I think developed countries like USA; JAPAN etc are not responsible for that.

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