Although studies show that people from rich countries are generally happier than those from poor countries, the same studies indicate that poor people lead more meaningful lives. People from rich countries have more thin... More »

Some of the most obvious advantages of public welfare include a greater level of equality amongst citizens, happier people, and less crime. Some of the greatest disadvantages of welfare include high tax rates and large g... More »

The wealth or poverty of nations depends primarily on intrinsic factors: geography, climate and availability or lack of resources. Having a geographic location proximate to large, thriving population centers plays a larg... More »

The answer to this riddle is "nothing." Nothing is greater than God, and nothing is more evil than the devil. The poor have nothing, while the rich need nothing. Finally, if you eat nothing, you will die. More »

Geographical, political and cultural factors can all contribute to a country being poor. Factors as diverse as climate, natural resources, political corruption, government instability and population can all have adverse ... More »

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Protectionism can promote the growth of burgeoning industries in developing countries, but it also leads to overall higher prices and reduced innovation. Government officials often implement measures of protectionism to ... More »

The World Trade Organization ensures that countries that trade goods and services have a say in how trade is conducted on an international level, thereby promoting peaceful relations, stimulating global economic growth, ... More »