Post
Topic
Board Economics
Re: The economy is bad because the poor have no money.
by
Kelward
on 24/08/2025, 07:34:44 UTC
The major reason why the economy is bad is because of bad governance, if the leaders are corrupt it will affect the economy in a g negative way. So the economy is not really bad because of the poor they're the effect of bad governance and if the leaders continue to be corrupt and negligent the poor will continue to be poorer. There are poor people everywhere even in developed countries but they don't suffer like the poor in underdeveloped countries. There will always be the poor because everybody can not be rich but when the leaders of a country fails in their duties to protect the rights of the poor the economy will be worse off.