Wealthy Nations Shares Their Wealth Among Poorer Nations - 550 Words

Should Wealthy Nations Be Required To Share Their Wealth Among Poorer Nations? (Essay Sample) Content: Running Head : Should wealthy nations be required to share their wealth among 1.poorer nations?Should wealthy nations be required to share their wealth among poorer nations?Students NameInstitutional AffiliationDateShould wealthy nations be required to share their wealth among poorer nations? 2The wealthy nation should share their wealth among poorer nations due to the following reasons:Poor nations are behind in development: many poor nations are behind in development activities and programs because of lack of resources for development. Therefore, wealthy nations that are developed should share their wealth to developing or poor nations so that they can be able to develop. Wealth shared involves money resources, material resources and human resources which are the key pillars of development, therefore when these resources are shared by poor countries they to boost them and develop in different aspects such as education sector, health sector, agricultural sec tor, banking sector, mining sector among other development sectors.Sharing of resources also leads to the partnership between and among nations. In the process of sharing of resources partnership among nations sharing the resources emerges which fosters national agenda of development among individual nations. This partnership may extent making poor countries and come to the same level as the wealthy nations (Goldthau, 2017).Sharing of wealth between wealthy and poor nations leads to financial, social and cultural ties between and among nations. Through sharing of wealthy, nations tend to coordinate each other in other categories of life leading to diversity in terms of culture, social and economic development and adaptability. These ties lead uniformity in social development, cultural development, and economic development in countries coordinating which leads to the development of poor nations.Sharing of wealth also leads into sharing of technology and other current issues in the sc ope. Wealthy countries tend to have new and improved technologies which foster development in their countries. In the process of sharing of wealth poor countries tend to have access to the new technologies which foster development in poor countries. Technology in money sector, computer technology, reading and study technology, employment technology, technology in the agriculture sector, food technology and power technology among other technologies lead to development when they are well introduced in a country and utilized accordingly.On the other hand, Wealthy nations shouldn't share the wealth with poor countries because of the following:Sharing of wealth to poor countries leads to dependence. When nations are supported with handouts in terms of foodstuffs and other non-development helps it leads overdependence on developed nations leading to poor or no developments in developing nations. For instance, many, developing countries in Western Sahara tend to over-depend on developed c ountries making the developing or poor nations to stagnate in development agendas.Leads to development stagnation: development in poor countries may remain stagnant due to being provided every...