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Your task this week is to examine how can poor societies become prosperous and overcome obstacles to do so. If you were to ask OpenAl
Your task this week is to examine "how can poor societies become prosperous and overcome obstacles to do so." If you were to ask OpenAl the above question, you would get a plethora of answers. We can't stop you from doing that, but see if you can come up with your own. Think in terms of what these countries need to invest in, how they can attract investment (and what sort), and what type of government they might need to accomplish growth. Inequality is not something the market is going to fix by itself. Individual governments need to address it through the tax system, together with companies and individuals. When considering leadership, democratization opens the way for a redistribution of wealth (from the elite) through mass education and reduces inequality by giving the populace a voice. Many developing countries, however, are still going through a phase of oligarchy where elites control much of the wealth. This is a group project in the discussion forum on the subject! . First, pick a developing country or region and throw out some ideas in answer to the question. . Second, respond to what your fellow students have come up with and their response to your thoughts
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