Many poor countries are "developing countries," or "Third World," because they have low "human development." (1). If "developing countries," can improve their standard of living by increasing life expectancy and literacy, decreasing population growth, and building infastructure, including schools, hospitals, roads, etc., then they could become richer. (2).
The "human development index" or (HDI) measures where countries are in development, and those countries that are low are "poor," and could become richer by improving their "human development," which includes: life expectancy, literacy, education, and standards of living. (3)
When countries can increase savings, increase reliance on the "rule of law," decrease corruption, decrease debt, increase investment in the country by large companies, and increase profits from world trade, then they could become richer! (2).
Good luck!
2006-11-26 13:07:43
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answer #1
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answered by Cynthia W 4
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