Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

? asked in Politics & GovernmentGovernment · 7 years ago

Why are some countries poor, and some are rich?

What makes/made a country rich, as compared to poor countries??

5 Answers

Relevance
  • 7 years ago

    Some countrys are poor and some are rich because the country makes ether a lot of products to sell or buys other countrys products and sometime these countrys waste to much money on things that they dont need

    Source(s): Wiki
  • 7 years ago

    It depends resources, the ability to ship goods, political stablility, free markets, and a government that is not corrupt help. Often times you will find in poor nations goverments that change violently once every several years, markets that are completey controlled by the government who is corrupt. There are a few though that are land locked, have very few resources that are poor but most of the time it's poltical instability.

  • .
    Lv 7
    7 years ago

    The money system (US dollar) makes some countries rich and others poor.

  • ?
    Lv 6
    7 years ago

    Quantity of resources and political stability mostly.

    Also helps if you're the only country left standing after a world war.

  • How do you think about the answers? You can sign in to vote the answer.
  • 7 years ago

    wealthy nations tend to have free markets.

Still have questions? Get your answers by asking now.