Differences Between Rich and Poor Countries

Differences Between Rich and Poor Countries

1. A world divided by wealth

   • Poverty
     • 40k children starve to death daily
     • Extreme poverty = living on >$1/per day
     • People can't provide rudimentary essentials needed for daily life for themselves
     • 1/5 of the world's population live in extreme poverty
   • Distribution of world resources
     • Europe + Central Asia = 3.5% of people in extreme poverty
     • Sub-Saharan Africa = 38.5% of people in extreme poverty
     • Richest 1% of the world own 40% of the world's wealth
     • 50% of world's adults own 1% of world's wealth

2. Differences in the lives of the rich and poor

   • Five basic needs
     • Rich World
       • Food
         • Cheap, easy to come by, and varied
         • Overeating causes health problems
       • Water
         • Taken for granted
         • rarely unavailable on faucet
         • People become frustrated if not able to water their flowerbeds with a hosepipe
       • Education
         • Free education provide
         • More education = better job
       • Health
         • UK: low infant mortality rate
         • UK: free healthcare available (NHS)
       • Work
         • More people have high income/high skilled jobs
         • Working conditions are monitored and supervised
         • In unemployment crises financial support and training opportunities are available to aid you
     • Poor World
       • Food
         • Scarce and expensive
         • Malnutrition is common
       • Water
         • Millions of girls and women spend hours collecting water
         • 1.2 billion = no access to clean water, 2.6 billion = no access to sanitation, 2 million child deaths/per annum
       • Education
         • 855 million = functionally illiterate, 73 million children = no primary education
       • Health
         • High infant mortality rate
         • hospital provision is poor and drugs are expensive
       • Work
         • More low paid/low skilled jobs
         • working conditions are rarely regulated
         • No support during unemployment crises