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23. Wealthy countries are getting wealthier while poor countries are getting poorer. Reasons and solutions.

Mar

18

2019

Wealthy countries are getting wealthier because they are exporting their products as compared to importing. The poor countries getting poorer because they are increasing their import as compare to their export. We can fix this problem by establishing local industries in poor countries in order to reduce their import. This will increase their export as well, which will lead to an increase in the economy.

In: Paragraphs Asked By: [51 Blue Star Level]
Review #1

*Developing countries are getting poor because their imports are greater than their exports.

Answers Reviewed By: Pacans [832 Orange Star Level]

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