RELIGION, WEALTH AND POVERTY

There is a need for world development as we have very developed countries and also not so developed countries this is why the world is divided into the rich north and the poor south. This is because of interest rates increasing so frequently not given the poor countries long enough to pay back the loan and not only that they will also have to pay back almost half again the amount they originally were loaned. So with that all going on all the money earned on farms has to go to the banks to pay back the debt leaving no money for essential food supplies.

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Service’s that less developed countries lack are health and safety related services. They don’t even have separate bedrooms instead they have to share one room to eat sleep and go toilet in so germs are extremely easily spread. So not very safe at all.

LDC’s can benefit from loans because this will help them produce better accommodation and health services for themselves and the local community. It can produce great healthcare and an excellent safe environment for people to live in and bring up children. If there is any money left over then it should be used to ...

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