The best way to support people in poor countries is to buy there. Buying is better than sending stuff, sending money, giving loans, investing because in supported countries: It activates entrepreneurship, which results in economic growth that brings about prosperity, Increases the demand for employees, Allows to maintain dignity, Does not fix the attitude “I’ll […]
38 of the richest states spend 0.5% of their revenue (on average) on Official Development Assistance (ODA) for 162 countries and territories. This aid represents 3% of the total income of the 70 poorest countries. With ODA their average national income per capita is $ 1717, and without this year’s grant it would be $ […]
In 2015, the UN defined the Sustainable Development program. Goal 1 is to eradicate poverty, and the first way to achieve defined objectives is to invest in underdeveloped countries. The needs of developing countries are estimated at $ 3.3 trillion to $ 4.5 trillion per year. Such subsidies would immediately increase incomes of poor countries […]
Example Imagine the following situation. I have 1500 income, you have 1100, and our homeless friend 200. We decided to help him by donating 10% of our income. Is this contribution fair? So I’ll give him 150, you 110, 260 together. I’ll stay in my pocket 1350 and you’ll get 990. But the necessary expenses, […]
The place where you earn determines people, you should know to help them out of poverty and join in building a richer world. Find your friends from afar on areas.