Why Is Australia So Rich?

Gold, aluminum, iron ore, nickel, silver, diamonds, opal, oil, natural gas and whatnot. All these resources (and many others) are found in really huge amounts here. Australia is the largest in the world aluminum and opal producer and the third largest producer of diamonds. Why is Australia such a wealthy […]

Why Is Kerala So Poor?

The state’s poverty can be traced to their strident anti-capitalism: Kerala has an abundance of natural resources, but industries have largely stayed away, for fear of the state’s difficult trade unions, pro-union courts, and high minimum wages. Is Kerala a poor country? Kerala is the second-least impoverished state in India […]

Is Tamil Nadu A Poor State?

Tamil Nadu is the second richest and wealthiest state in the Indian union and is the most industrialised state in the country. More than 60% of the state is urbanized, accounting around 10.6% of the urban population in the country, while only comprising 6% of India’s total population. Why is […]

What It Feels Like To Be Poor?

Being poor feels hungry, and that hunger drives some people. It spurs them to do what it takes to satiate the hunger. They work harder, blindly pursuing what they (think) they need to do in order to never feel that rumbly in their tumbly again. How does being poor feel […]

Why Is Uttar Pradesh So Poor?

Nevertheless, about 75 percent of total poor households of the state reside in the rural areas, and the Government of Uttar Pradesh (2012) considers “economic backwardness, illiteracy and limited mobilization” amongst the primary cause of rural poverty. Is Uttar Pradesh poor or rich? Uttar Pradesh is the fourth richest state […]

What Country Has The Lowest Poverty?

Iceland has the lowest poverty rate among OECD’s 38 member countries, Morgunblaðið reports. The poverty rate is defined by OECD as “the ratio of the number of people (in a given age group) whose income falls below the poverty line; taken as half the median household income of the total […]

Which Is Poorest City In India?

Mumbai “The Dream city” hold the biggest slum area in India known as Dharavi. Asia’s largest slum, Dharavi, is spread over an area of 1.75 km along the Mahim river in central Mumbai. Which state is very poor in India? New Delhi, Nov 26: Bihar, Jharkhand and Uttar Pradesh have […]

Is Kerala A Poor State?

Abstract. Kerala is a small, densely crowded state in South India. It is a poor state, even by Indian standards. Its per capita income of US$80 lies well below the all-India average of US$120, and it suffers from the lowest per capita caloric intake in India. Is Kerala a rich […]

Why Is Egg So Expensive?

Like many sectors of the economy, egg farming is being impacted by inflation and experiencing supply chain challenges related to increases in cost and availability of feed and grain, labor and transportation. Why are fresh eggs so expensive? Eggs typically get more expensive from late March to early April every […]