Ideas on how businesses can help global poverty
Sadly, many multi-national corporations have more money than the governments of the countries they are doing business in. These corporations do have programs in place for some of the problems these poverty stricken countries, but there is much more that can be done. Unfortunately, many extremely wealthy individuals who own these corporations have the attitude that there will always be poor people and you can’t help everyone. Many of these corporations do business as cheaply as possible even when it means exploitation of economic circumstances that force people to work for very minute wages. Read on to discover some ideas on how businesses can help global poverty.
There is an old saying that lays the foundation of just what the businesses of the world can do to help global poverty. “Give a man a fish and they eat for the day, teach a man to fish and they eat for the rest of their lives.” This principle holds true for business. Education and job training in poverty stricken areas of the world will change the face of economics and the ability for the poverty stricken countries to eventually be able to support themselves.
Coordinated efforts to combat hunger, disease and education need to be set in a world council. Pinpoint the worst areas of poverty and set up training schools that will teach entrepreneurial trades. Offering micro loans is another way businesses can help global poverty. As members of the human race we do have a responsibility to each other in order to live in a world not ruled by chaos. Businesses can best change the state of poverty, one area at a time.
Natural disasters bring poverty in their aftermath. There are several ways that businesses can help with the poverty that is based from a natural disaster. Sending in teams of able bodied people to help rebuild and replenish the area is one of the ways businesses effectively help an area hit by disaster. Global poverty does not all come from these disasters, but these disasters do add to it.
Microloans have been very effective to help poverty stricken people become financially able to take care of themselves and their families. Businesses that extend these loans do so without charging interest fees and they allow the individuals who receive the loans to pay back in small increments. More of the microloan programs need to be started so people can take care of themselves and their loved ones.
There are many ways that large businesses can help global poverty and this is down to the importance that the company places on corporate social responsibility.
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