What is the difference between poor people and rich people?

Rich countries often have high GDP and per capita income compared to poor countries. 2. Rich countries have greater employment opportunities and generally have citizens with positive attitudes in life. 3.

Why do poor countries have more babies?

In developing countries, children are needed as labor and care for their parents in their old age. In these countries, fertility rates are higher due to lack of access to contraceptives and generally lower levels of female education.

Why do poor people have more children? Limited finances. Poor families, especially those who earn their living from agriculture, may have more children as a way of supporting the family’s livelihood. See the article : How is wealth created?. Children are often given chores such as fetching water, gardening, working in the fields and taking care of animals, even when they are very young.

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What is the difference between rich and wealthy people?

The wealthy are often defined by their net worth, which is the value of their assets minus their liabilities. In contrast, the wealthy are more defined by their annual income. Read also : What is a rich personality?. The rich usually think about saving and investing, while the wealthy think about spending and enjoying.

What is a rich person? Someone who is rich has a large amount of money, property, or valuable possessions. … a rich international businessman. Synonyms: rich, successful, affluent, affluent More synonyms for rich.

What is the difference between a rich and a wealthy person?

Summary: 1. Wealth is the state of having an abundance of material goods and money, while wealth is the state of having a huge amount of money and living a privileged life. See the article : What are the qualities of a rich person?.

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