Now, due to the title, it may look like I am about to give a scientific equation that if done correctly will distribute wealth all across the world in a healthy manner to ensure that there is no one too poor to survive. I'm sorry, but that is not the case. If it were, poverty would have been solved many years ago. The truth of the matter is that poverty is not a simple thing to solve. There are so many factors that one can look at, but one of the biggest and most important is education. This does not only mean education to children within each poor but to the rest of the world as well.
First, lets look at education within each country. In the poorest nations in the world, education is the lowest, leaving the future generations with no means (education) to push their economy higher in the future years. If the economy in a country is really bad, then the government will not be able to fund schools to properly educate the future generations. And this continues to go in circles because if there is no education for future generations, the future government will not have the economy, therefore the funds, to finance schools for their children. The question then arises, how do these countries get these funds? The way they get them is by outside help, but this help is something that must be monitored very carefully. Let me explain.
The way poverty is treated today is like a disease, but a terminal disease that can never be healed. People give out of the kindness of their hearts, hoping that it will make a difference, but knowing that in the long run it won't matter very much. When people today talk about helping out the people in a poor country, they might have good intentions but instead of helping the people, they are actually hurting the country as a whole. For example, when people organize clothing drives, they truly do want to clothe poor kids that may not have very much, but if people would simply look at what it does to the economy instead of the individual person, I believe things such as clothing drives would cease to exist. When people give free clothes, for example, it brings happiness to the ones that receive, but to the small business owner trying to sell clothes for a living is much more than unhappy, he is very possible left without a job or at least less profit. Over time, things like this add up, causing the economy to decline and leaving the people even more poor than before: quite the opposite affect of what was originally intended. For this reason I say outside help should be closely monitored.
The only way for a country's economy to grow is on its own, not through things like clothe drive or free charity, but to do this it needs something to stimulate it. In order to properly do this, through education, countries should seek small loans from more prosperous countries for the sole purpose of expanding the education system. Once this happens, the country can very slowly pay back the loan and in the process, the new generation of children are becoming more and more educated. Over time, the country's own people will begin to found businesses and corporations inside the country and by the country which will, in turn, boost the economy. This process will take years and will not be easy or straightforward, but it is what will help decrease poverty, in the long run, drastically and permanently.
The way poverty is treated today is like a disease, but a terminal disease that can never be healed. People give out of the kindness of their hearts, hoping that it will make a difference, but knowing that in the long run it won't matter very much. When people today talk about helping out the people in a poor country, they might have good intentions but instead of helping the people, they are actually hurting the country as a whole. For example, when people organize clothing drives, they truly do want to clothe poor kids that may not have very much, but if people would simply look at what it does to the economy instead of the individual person, I believe things such as clothing drives would cease to exist. When people give free clothes, for example, it brings happiness to the ones that receive, but to the small business owner trying to sell clothes for a living is much more than unhappy, he is very possible left without a job or at least less profit. Over time, things like this add up, causing the economy to decline and leaving the people even more poor than before: quite the opposite affect of what was originally intended. For this reason I say outside help should be closely monitored.
The only way for a country's economy to grow is on its own, not through things like clothe drive or free charity, but to do this it needs something to stimulate it. In order to properly do this, through education, countries should seek small loans from more prosperous countries for the sole purpose of expanding the education system. Once this happens, the country can very slowly pay back the loan and in the process, the new generation of children are becoming more and more educated. Over time, the country's own people will begin to found businesses and corporations inside the country and by the country which will, in turn, boost the economy. This process will take years and will not be easy or straightforward, but it is what will help decrease poverty, in the long run, drastically and permanently.