1. Economic Assistance and Foreign Aid
The countries, which receive foreign aid, are not just getting free money, there is a debt connected, it known as " The Debt Trap". A developing country that receives help often must pay back an amount of interest on money that they borrowed, even if it is in large amount. ... People are often left homeless, their money supply shortened and deeper into a state of making it more difficult to meet their basic needs of living. ... Money being spent to meet the crisis situations hasn't helped the developing countries to reach a greater economic stability at all. ... Usually this suggests inc...
- Word Count: 1849
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate