Economic Comment Essay
It is the dream of every government in the world to give its population the best life it can afford. To achieve this, every government whether in the developed or in the developing nations must strive towards fighting poverty. I feel that answer one offers some of the different methods that different governments in different nations use to fight poverty. It is clear that for the government to fight poverty well, it must try to bridge the big gap that seems to exist between the poor and the rich. The only way to achieve this is by having some incentives applying only to the poor and not on the rich.
This is the information presented in the first answer and I feel that it deals with this idea perfectly well. Answer 2 also goes ahead and offers some of the other methods that the government use to eradicate poverty. This answer tackles some of the crucial factors that increase poverty in any nation. Some of them revolve around the crucial basic human needs such as health. With health, it becomes a challenge for a country to cater for the health needs of its citizens when it is not financially well up.
This is because, health issues are very expensive to cater and the more sick people a country has, the poorer it becomes. This answer also tackles some of the issues that result to poor managements in some countries, which result to unemployment. (Arthur, S. & Sheffrin, M. ) Answer 3 discusses the issue of unemployment and welfares in general. These two major factors determine the economic fate of any nation. If a nation has a high rate of unemployment, it means that many people are going to depend on others, as they are not working.
This makes those who are working economically retarded and therefore poorer. In case there is a calamity, such people are not in a position to take care their own activities. This answer also tackles one of the major problems experienced by those governments in developed countries. These governments help those people who are not working and this makes them lazy thereby preventing them from looking for employment. This is a crucial point that clearly discussed in this answer. ? Work Cited Arthur, S. & Sheffrin, M. . Economics: Principles in Action. New Jersey: Upper Saddle River, 2003.