Even though technology is developing at a fast pace and the standard of living of most individuals has gone up, billions of people still live in poverty, and in many places, the rich countries give financial aid to
developing and under-developed countries. Some people consider it improper to give direct monetary help. I agree with them. I believe that the developed countries should give some other types of help to the
poor countries and not direct financial aid.
My first argument against financial aid is that this aid may not actually reach those for whom it is meant. lt may go into corrupt pockets. Secondly, it would make those people lazy, as they would be getting aid without doing any work. Thirdly, the aid may be used for the wrong purposes. For example, the aid may be given for development projects but it may be used to promote terrorism. Finally, if aid is given without proper research, then it may be used for projects, which are not the priority of the people. For instance, the people may need health and educational institutes, whereas the aid may be used for making dams or expanding roadways.
The best way to help poor countries would be to open good educational institutes, good health centers and create job opportunities for people of the poor countries. People of the poor countries start earning well their standard would definitely become better and the whole country would become richer. LF rich countries open factories and multinational companies in poor countries it would be a win-win the situation for both, as the poor would get employment and the rich would have to pay much lesser to these workers than they would have to pay their counterparts in their own country. So, more and more rich countries would step forward to help the poor. Direct financial aid would not bring such a situation.
To conclude, financial aid is not the best way to help poor countries. From my own perspective, the developed countries ought to assist the impoverished countries through other approaches'
 Even though
 technology is developing at a  
fast
 pace and the standard of living of most individuals has gone up, billions of  
people
  still
  live
 in poverty, and in  
many
 places, the  
rich
  countries
 give  
financial
  aid
 to
developing and under-developed  
countries
.  
Some
  people
 consider it improper to give direct monetary  
help
. I  
agree
 with them. I believe that the developed  
countries
 should give  
some
 other types of  
help
 to the
poor  
countries
 and not direct  
financial
 aid.
My  
first
 argument against  
financial
  aid
 is that this  
aid
 may not actually reach those for whom it  
is meant
.  
lt
 may go into corrupt pockets.  
Secondly
, it would  
make
 those  
people
 lazy, as they would be getting  
aid
 without doing any work.  
Thirdly
, the  
aid
 may be  
used
 for the  
wrong
 purposes.  
For example
, the  
aid
 may be  
given
 for development projects  
but
 it may be  
used
 to promote terrorism.  
Finally
, if  
aid
 is  
given
 without proper research, then it may be  
used
 for projects, which are not the priority of the  
people
.  
For instance
, the  
people
 may need health and educational institutes, whereas the  
aid
 may be  
used
 for making dams or expanding roadways.
The best way to  
help
  poor
  countries
 would be to open  
good
 educational institutes,  
good
 health centers and create job opportunities for  
people
 of the  
poor
  countries
.  
People
 of the  
poor
  countries
  start
 earning well their standard would definitely become better and the whole  
country
 would become richer.  
LF
  rich
  countries
 open factories and multinational  
companies
 in  
poor
  countries
 it would be a win-win the situation for both, as the  
poor
 would  
get
 employment and the  
rich
 would  
have to
 pay much lesser to these workers than they would  
have to
 pay their counterparts in their  
own
  country
.  
So
, more and more  
rich
  countries
 would step forward to  
help
 the  
poor
. Direct  
financial
  aid
 would not bring such a situation. 
To conclude
,  
financial
  aid
 is not the best way to  
help
  poor
  countries
. From my  
own
 perspective, the developed  
countries
 ought to assist the impoverished  
countries
 through other approaches 
'