I’ve seen large sums of money put in terms of how many times it could solve the world hunger crisis. For example, the defense budget is blank amount which could solve world hunger 5 times over. How do they actually come up with this price? Is there really a permanent way to solve world hunger?
In: Economics
It’s all about distribution, not quantity. We just have to figure out a way to get it from where there’s excess to where there’s not enough. That costs money for purchase and transportation, which can be roughly calculated. The poorer countries can’t afford all that, so the rich countries with all the extra food would have to pay for it, for a very marginal benefit, if any, to them. No way countries in sub Saharan Africa and other places with food shortages could afford to pay for all that, so they’d be relying on the goodwill of countries who do not have this problem, such as the United States, China, etc.,
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