Explain why there is a need for world development.

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Hannah Smith 9.1 R.E

11th June 2007

Aii- Explain why there is a Need for

World Development

         At the moment, in the world, there are many cases of poverty and debt. There are individual people who are relatively poor and in some cases in absolute poverty. There are also countries called LEDCs that can call themselves poor, (Less Economically Developed Countries). For example: Bangladesh or Mali. MEDC stands for More Economically Developed Country; these are countries that are developed and wealthy (Britain and Japan). There are still some countries, like Brazil and Malaysia, which are classed as ‘Developing Countries’.

         Relative Poverty is the comparison or one person/country against another richer person/country. Although they may have all of their basic needs they may not have some of the luxuries the other person/country does.

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         Absolute Poverty, on the other hand, is a worse condition than relative poverty. It is when a person, or country, doesn’t even have enough money to afford their basic needs. The basic needs include: food, clean water, basic education, sanitation, health and information.

         The main reason LEDCs (3rd World Countries) became poor is because of debt. The banks handed out loans to these countries and they took them. The interest went up rapidly and those countries now find themselves unable to repay the loan. In the 1970’s, Chile borrowed 3.9 billion ...

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