The Wealth and Poverty of Nations

“There is hardly a nation or a person without a dream.”(Shestakov) Dreams are essential parts to the creative process of humans. It is through dreams that the impossible becomes possible and reality begins to take different shapes. The American Dream, just like any other dream, contemplates the possibility that through effort and dedication any person, no matter class or rank, can achieve success and wealth. Romantic and optimistic is the idea that the poor can achieve as high or a higher rank…

notify our nation, The United States of America, about how people perceive it as a Christian nation, but the ideas of what one may label as American are contradicted. In the article, Bill McKibble represents the fact that if someone wants to call the United of America a Christian nation, the citizens here need to reevaluate the way our society is established. Jesus taught his disciples primarily to be generous. Part of the generosity act includes, sharing wealth. America's perception of wealth…

Independence from Pakistan in 1971 and established a working Constitution the year following. Residing on the apex of the Bay of Bengal, alongside Myanmar and India and containing Asia’s three largest rivers forming the fertile Bengal Delta has led the nation to become a middle power state in international affairs and a major developing country. Introduction When examining the last 30 to 40 years, Bangladesh gained their independence from Pakistan, and established a new constitution and…

Specifically, the oil-producing countries, mostly the developing nations, do not gain from the oil revenue since their governments are marred with corruption and poor governance so that the leaders monopolize the income. Consequently, these countries have remained in poverty with poor economies. Moreover, the powerful western nations like the United States heighten the situation by assisting the corrupt leaders to steal the wealth meant for the citizens. Maass (2010) also highlights that despite…

Globalization is a historical process where political, economic, social, cultural and technological fields integrate in the world, this leads to an improvement of global communication and unity between nations. In the past people of different cultures and countries were unable to communicate and have interaction with each other, but today everything has changed thanks to smartphone, instant messaging and the Internet, which all enable us to easily connect with each other. Around 45% of the world…

x“Survival of the Fittest” that has always been my ideology, I had never questioned before why some countries were rich and others were poor. I did question the state of poverty in my country; I had learned in many history classes in high school that when my country became independent we were leading the Caribbean in industry and economy, however by the time I was in high school we were second to last just above Haiti. I always thought that our financial ruin was caused by poor leadership, and…

Poverty becomes a major problem in society because it focused on the people who are living in poverty. This impacts the economy where it increase the rate of unemployment and the number of deaths in poverty. In response to the problem, the nation starts to use welfare policy to help fix the economy and help the poor people. Welfare policy is the economic support to help benefiting the poor people with giving them medicaid, food and money.The policy was established by President Roosevelt in the…

work to other nations and lay off the American workers that are working in factories. Although there are roughly 38 million Americans in poverty, according to Gallaway, America is still one of the wealthiest countries. Hiroko Tabuchi, in his article, converses about the wealth in America. “The United States is set to remain by far the wealthiest country with aggregate wealth of over $114 trillion in 2019” (Tabuchi). He confirms for us that America is indeed a very wealthy nation, even if…

for quite some time. An economic balance must be found as a large wealth gap can hinder long term growth, but a gap that is too small reduces productivity. One way to solve this would be to implement wealth redistribution programs to provide the poor with higher education and reduce the impact of social classes. The government should implement…

Poverty can have so many different meanings that it’s not always wise to assume it’s meant as a money issue. Poverty itself means one who lacks. That lack could be of love, material possessions, and knowledge just to name a few. However, our biggest issue, at least in the United States, is with money. When you live in a world where over three billion people live on less than $2.50 a day, it becomes increasingly alarming how detrimental poverty is to society (1). With the poverty rate on the rise…