3. Solutions for developing finance
1. Eradicate poverty
2. open charitable trusts
3. banks for investments
4. Increase literacy rate
5. Improving investment climate
6. Maintaining a stable macro economic
environment
4. Marshall islands whose harmonised average is
less than 3.2 having fragile situations in the
country
It is a basic need for the country to increase
its finance to develop
5. The solutions that I specified are linked up
together with each other
The best solution is to invest on banks and to
spend the amount in developing the needs of
the poor people in the country.
6.
7. Problem 1 : illiteracy
Solution : In a country we find most of
the people illiterate due to many financial
problems of individual and in the country.
To eradicate illiteracy the government must
take some measures to follow some schemes
like
8. 1. providing scholarship
2. provide education through merit
3. help parents financially by giving pensions,
bonus in their work.
9.
10.
11. Problem 2 : Poverty
Solution : Poverty in a country mainly
occurs more due to the people in the society
and the plans of government
To reduce poverty
1. eradicate racism
2. open charitable trusts
12.
13. Problem 3: infrastructure
Solution : the country is developed when
its infrastructure is good
When the people in a country increase their
literacy rate innovative ideas are taken with
respect to technology and could design new
scopes.
14.
15. Investments on banks
Every problem’s solution can be achieved
with finance available in a country
So development is occurred by investing in
banks.