Africa is home to a large number of the world’s poorest countries. The recovery from the COVID-19 pandemic is being slowed down because of the instability of many African countries, the prevalence of poverty, and the lack of readily available vaccinations. Even more worrisome is that several African nations are now embroiled in civil wars, […]
When a person does not have enough money to cover their fundamental human requirements, such as food, housing, and clothes, they are said to be in “poverty.” There is poverty in every nation on Earth, yet some countries have a worse problem with poverty than others. This is the proportion of persons whose income falls
Even while studying the world’s wealthiest nations may be exciting and inspiring, it’s vital to be aware of the less fortunate countries. When it comes to improving people’s lives in impoverished nations, the United Nations and other international organizations rely on aiding them in their economic advancements. Many elements contribute to the prosperity of countries,
With a total land size of about 10,180,000 square kilometers, Europe is the world’s second-tiniest continent (3,930,000 square miles). All of Europe is situated in the Northern Hemisphere, and most of it is located in the Eastern Hemisphere. Europe has 50 nations recognized by the United Nations. However, many listings of European nations include territories
Asia is the most populous continent on the planet. Asia, which covers an area of 17.2 million square miles (44.58 square kilometers), accounts for nearly 30 percent of the planet’s land area and 8.7 percent of its surface area. As of June 2019, it was home to over 4.6 billion people. There are 49 nations in Asia;
The Organization for Economic Cooperation and Development (OECD) goes by the name OECD. For the most part, the Organization for Economic Cooperation and Development (OECD) serves as a platform for nations to discuss their shared environmental and social challenges and work together to develop solutions. The goal of the organization’s inception was to promote global
One may refer to a territory as “industrialized” as long as it has established industries. This comprises companies in the tech and industrial sectors and others that contribute to the region’s economic well-being. The phrase “Newly Industrialized Country” (NIC) refers to a country that has recently undergone industrialization. Economists and political scientists coined this phrase
In 1994, the North American Free Trade Agreement (NAFTA) was signed by the United States, Mexico, and Canada. With the signing of this pact, tariffs have been lifted between the three countries involved. The United States, Mexico, and Canada are all parties. This is the world’s biggest free-trade pact, with a combined GDP of $20
NAFTA (North American Free Trade Agreement) Countries 2022 Read More »
Europe is home to some of the world’s most prosperous nations, with more than 50 countries and territories, many of which have a long history of worldwide significance. There is a huge disparity between Europe’s wealthiest and poorest nations, which may shock some readers. The most prosperous European nations’ combined GDP Gross domestic product (GDP)
It is common for those who claim to have found the key to happiness to say that money has nothing to do with it. – “Money cannot buy happiness,” as the saying goes, is a common adage. While this statement is unquestionably true, compelling evidence suggests that financial stability may occasionally contribute to a greater