List and describe at least four reasons why some countries are rich and some are poor. You may use books available at home or you may research online.

Reasons why some countries are rich and some are poor include

Difference in productivity rate: Countries with a high productivity rate and who produce a lot of good and services will be rich because a high productivity rate mean a bigger gross domestic product and profit for the country.

Illiteracy/lack of education: Countries who have a stunted educational system will remain poor as education makes it possible for more productivity and access to high paying available jobs which fetches the country income through taxing workers.

Prevalence of diseases: This is a factor that makes a country rich or poor. Prevalence of diseases makes the country focus and spend money meant for other developments in tackling the menace. Investors also avoid places plagued with diseases.This makes the country lose money and become poor.

Low rainfall or drought: This hinders agricultural and conservation activities which helps in providing food and as a tourist attraction respectively. The food which is meant for the citizens and for export purposes is usually small and can’t be exported to gain income for the country which leads to a country becoming poor.

a. european colonies