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Human Wellbeing - Coggle Diagram
Human Wellbeing
Why are some countries poor and others rich?
There are 196 countries in the world
25 are very rich
Have a wealth per person of over $100 000 a year
20 poorest countries in the world
Under $1 000 a year
What are rich countries doing right?
What challenges do poor countries face?
Three factors determining a country's wealth
Institutions
Can't afford good institutions
Corruption and clan-based thinking
Culture
People's outlooks and beliefs
Religiosity is connected with the idea that here and now can't be improved, so you should focus on the spiritual and look forward to the next world instead
Geography
Poor countries are overwhelmingly located in the tropical regions. Life is tougher there
Agriculture
Tropical plants have less carbohydrates
Worse soil
Tropical climate can be disadvantageous to photosynthesis
Lots of diseases in tropical countries
Transport
Poor countries are landlocked
Natural resources
Having lots of natural resources makes rich countries richer and poor countries poorer
People in poor countries don't use the whole society to sell resources, so only a small group gets the revenue
How can countries measure the well-being of their citizens?
National Growth includes...
GDP
Environment
Safety
Freedom
Services
Education
Sustainable Economic Development Assessment
Economic: income, economic sustainability and employment
Investment: health, education and infrastructure
Sustainability: environment, governance, civil society and income equality
Improving well being doesn't require a lot of money, but good leadership, clear goals and policies focused specifically on making the country and the world a better place for its people.
What causes poverty?
Caused by a mix of human and physical factors
Poor soil, remote and mountainous locations
Landlocked areas with no access to ports
Vulnerability to natural disasters
Discrimination
Corrupt leaders
Unfair trade rules
Poor infrastructure
Education, clean water, healthcare