Third world problems

Finally I got my answer that why third world is lacking behind. They probably have all the ingredients required for sustainable development. Arguably they lead the way in resouces and labour force, however, they lack proper management of resources and labour force. Their society is responsible for the politico-economic debacle of third world. No freedom of thoughts, expressions and fears of social boycotts have lead many talented people to pursue a career which didn't suit them. Such decisions have harmed the politico-economic stature of third world countries.

    If you are born in a third world country your future is decided even before your parents got married, not leaving you with an option of innovation. needless to mention here, but almost everyone is destined to become doctor and engineer in third world countries like India, Pakistan and Bangladesh etc. Consequently, India Producing 1.5 million and Pakistan producing 10 thousand enigneers per year with no jobs. On the contrary, Developed world let the students decide their career according to their strengths. 

  Apple company, headed by indivdual have an assets of 338 Billion US-Dollars while Pakistan has a GDP of around 300 Billion US-Dollars and budet of 46 billion US-Dollars. Comparison makes it clear that innovation of a single person has created more wealth for USA than the budget of a third world country. Developed world leads the way in producing most billionaires. According the global wealth report 2019 USA lead the way in most billionaires as well.

  To conclude, Third world countries have to let their children decide their careers according to their strenghts if they want economic progress. Political power is gained in international arena via economic power so change in thinking will bring real change. Innovation and Entreneurship is the way out for third world due to population blast as the governments cannot produce jobs for everyone.

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