One of the biggest challenges human societies facing in the 21sh century is poverty. There is no doubt only financial aid can not break the poverty cycle in developing countries, in my opinion, developed countries should provide all different kinds of international aids which includes financial aids.
It is clear that solving poverty requests all different types of support developed countries can provide. It is because the community can achieve a more balanced development over time with more well-structured aids. For instance, India not only received investment from America, but they also used foreign aid to developed their education system and that directly leads India to become a country with the world's second-largest IT industry. In contrast, if a country entirely depends on other countries' financial aid, it can only help to solve temporary problems which the citizens will continue to struggle in the future.
However, the developing countries still need direct money support in the foreseeable future. This is due to the nature of the weakness of economic structure in the developing countries which cannot support their own people who will struggle every time there is a national crisis. For example, the UN has to provide financial aids for some African countries to prevent people from dying from a lack of basic life supplies, for example, food, clean water and medication. If there is no feasible financial help in place for the less unfortunate people in a developing country, there is a chance there are no people left after one pandemic.
In conclusion, although other types of help from the developed country can empower the people to break down the cycle of poverty fundamentally by changing their industrial structure, financial aid can make sure people are better prepared in regards to crisis and have the chance to change their fate.
One of the biggest challenges human societies facing in the 21sh century is
poverty
. There is no doubt
only
financial
aid
can not break the
poverty
cycle in
developing
countries
, in my opinion,
developed
countries
should provide all
different
kinds of international
aids
which includes
financial
aids.
It is
clear
that solving
poverty
requests all
different
types of support
developed
countries
can provide. It is
because
the community can achieve a more balanced development over time with more well-structured
aids
.
For instance
, India not
only
received investment from America,
but
they
also
used
foreign
aid
to
developed
their education system and that
directly
leads India to become a
country
with the world's second-largest IT industry.
In contrast
, if a
country
entirely
depends on other countries'
financial
aid
, it can
only
help
to solve temporary problems which the citizens will continue to struggle in the future.
However
, the
developing
countries
still
need direct money support in the foreseeable future. This is due to the nature of the weakness of economic structure in the
developing
countries
which cannot support their
own
people
who will struggle every time there is a national crisis.
For example
, the UN
has to
provide
financial
aids
for
some
African
countries
to
prevent
people
from dying from a lack of basic life supplies,
for example
, food, clean water and medication. If there is no feasible
financial
help
in place for the less unfortunate
people
in a
developing
country
, there is a chance there are no
people
left
after one pandemic.
In conclusion
, although other types of
help
from the
developed
country
can empower the
people
to break down the cycle of
poverty
fundamentally
by changing their industrial structure,
financial
aid
can
make
sure
people
are better prepared
in regards to
crisis and have the chance to
change
their fate.