Question

In: Economics

Adapted from the Schiller & Gebhardt Text: Schiller and Gebhardt (2019) stated: "Global poverty is an...

Adapted from the Schiller & Gebhardt Text:

Schiller and Gebhardt (2019) stated: "Global poverty is an international issue. Other countries are inclined to look to the U.S. with its great wealth to take an active role in assisting poor nations" (Instructor Resources, Chapter 21, p. 9). Do you think the US should contribute more to fighting global poverty? Explain your reasoning. (1-2 paragraphs).

Solutions

Expert Solution

USA is the most powerful and robust economy. There are millions of people who are surprisingly poor. They even could get food of two times.

USA economy is a developed economy. There is no poverty and destitution. USA should contribute to eliminate the poverty from th world it is in favour of USA also USA gants ad to many poor countries to assist them for elimination of poverty. After eradication of povert USA in place where he could do business with more countries and gain more from business by increasing the purchasing power of the commo people.

USA is contributing to poverty eradication programs run by world bank and many other platforms USA should take some more steps to increase its effects.


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