Rich World‚ Poor World Samantha Valentine Dr. Rochelle Steward-Withers 131121 18 September 2012 Word count: 2275 Debt is made when one party owes party money (Oxfam‚ 2005). Just like people‚ governments of both developed and developing nations borrow money in order to function well and to maintain their economies (George‚ 1994). Debt is the economic mode that promotes economic activity in the global market (Lomborg‚ 2004). The acquisition of debt comes through loans‚ grants and aid
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What are some of the reasons Rich countries are Rich and Poor Countries are Poor? Whether a country is rich or poor can be determined by five primary factors: Social‚ Political‚ Natural Aspects‚ Technological and Economical. The wealth of a country can also be assessed by the average GDP of a country. Rich Countries like U.S.A. have a GDP of $46‚716. While Poor Countries like Malawi have only $200. Research statistics show that rich countries around the world have a “Democratic” system of government
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B. Reyes CHAPTER 1 Rich Dad Poor Dad is about how Mr. Kiosaki was raised by a rich father and a poor one. Mr. Kiosaki’s poor father was highly educated with a Ph.D.‚ while his rich dad didn’t even make it through high school. Mr. Kiosaki’s fathers sometimes gave him some advice when he was a child‚ but the advice of his two fathers where different from one another especially when it came to money. His poor father did not spend much time thinking about money‚ while his rich father says a lot about
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Reaction Paper on the story‚ RICH DAD‚ POOR DAD Submitted by: IJ L. MADERA The story teaches us different outlooks in life that everyone must choose in order for them to live an achieving living. People have different perspectives on their existence; different decisions to make‚ ideas‚ and principles that reflect there persona of whom they are and of what causes them to be of what they are now. The book tells us on how a two dissimilar man; the rich man with very little education but financially
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you want the details. Chapter One - Rich Dad‚ Poor Dad In Chapter One Kiyosaki lays the groundwork of the story then ends it with the poem “The road not taken” by Robert Frost to give you the idea that you are about to learn how to do things differently‚ and that will make all the difference… Of course the irony is that since you are reading a NY Times best seller‚ by reading the book you are actually taking a path very much traveled by. Chapter Two - The Rich Don’t Work For Money The book begins
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How Living Poor or Rich may affect the Lives of Kids Written in: Grade 7 | Year: 2010 Jesse is like every other teenager: she dreams of graduating from high school‚ attending prom and then going off to college but she may never achieve these dreams because her family doesn’t have the money to pay for them. They are not homeless but with only little over $100 a month and many children to feed‚ they are forced to go to food banks and charities for help. Meanwhile‚ Alicia is relaxing beside her
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In the book Rich Dad Poor Dad by Robert T. Kiyosaki with Sharon L. Lechter the author who is also the narrator talks about how to educate yourself and your kids about money and how to control your money instead of letting it control you. The author grew up in Hawaii in a middle class family but had the chance to learn about money from his rich friend‚ Mike whose father in the book is referred to as his rich dad. The lessons concentrate on six major points of view that his rich dad taught him. He
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How Life Expectancy Gap for Rich and Poor Skews Social Security I have always known that there was a gap in the life expectancy between the rich and the poor‚ but have never really looked into it. This article was very interesting to read. The article focused on the difference between the average life expectancy for men earning $20‚000 annually and men earning $80‚000 annually and the typical life expectancy between the two. Social Security is based on the average U.S life expectancy and does not
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Rich Dad‚ Poor Dad Robert Kiyosaki and Sharon Lechter This book was written about a man who had “two fathers” ’ one who had a Ph.D and the other who barely finished 8th grade. One of the fathers was actually his friend’s father‚ but someone who the author looked up to and appreciated very much. The other father was his own ’ who he also looked up to and appreciated‚ but who did not teach him much about money or finance. The first lesson of this book is: the rich don’t work for money.
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2000 The Poor Are The Richest "The poor may have the smallest pockets‚ but they surely have the biggest hearts". Rich people are the selfish people that only care about their wealth and about their reputation‚ they are greedy and only care about making money. Furthermore‚ they are consumed with the idea of degregating the poor so they can achieve success‚ even if it means destroying others lives. On the other hand‚ the poor are those who battle to survive among the rich and live their
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