How does the world get richer?

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If a poor country in Africa becomes rich, wouldn’t they need to get money elsewhere? Thus making the other place more poor?

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Anonymous 0 Comments

Money is not wealth. Money is a system people use to help tack who has what amounts of wealth.

It’s the actual things that people have that are what makes up wealth. If a person has no money or property, they are poor. If a person owns land, two villas and a couple of manufacturing plants, they are not poor, even if their bank balance is near zero.

Similar with nations. If they produce very little, they are poor. The more things they make, the wealthier they become.

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