Question

In: Economics

provide a valid argument to disagree with the statement? give a Brief arugument 200-300 words Richer...

provide a valid argument to disagree with the statement? give a Brief arugument 200-300 words
Richer countries have a moral obligation to help poorer countries financially - Disagree

Solutions

Expert Solution

Some economists says that there is no morl obligation to help poorer countries financially. Because in the long run, the most poverty rates in the country having the highest birthrates. If the developed countries trying to help the poorest countries it will only allow more of the leople to survive and reproduce. Even in the short run, the benefit is drawed from the poor nations.

All the people in the country have the basic right to freedom, which explains about the freedom to use the resources very wisely and effective way. It the richer nations is helping the poorer nations then it violates the right. Helping the poorer nations is praiseworthy, not obligatory.
The poorer nations also has the same resources as the richer nations, so everyone gets the chance to utilize the resources efficiently and effectively. The nations who are under development should have to main tin the equilibrium and make many policies to make the economy more stronger and make them competitative rather than seeking help from the developed nations.

The developed countries resources that are used by hghed skilled laborers and employees,like that the poorer countries have to maximum utilize the resources and make them beneficial for the economy.


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