As resident of the United States, what advantages do you have by living in a developed economy, like the United States, that kids in developing or underdeveloped economies, like Sierra Leone, do not? What challenges do they face that you may not have to face?

Living in a developed economy has many advantages such as being able to do things that you want and having freedom. In some countries with poor economy’s the people aren’t able to do a lot because they can’t afford it. They might have to face things like poverty.

Some advantages that I have by living in a  developed economy are: the the conduct of business and the rules are more predictable and allow better understanding of the advantages and risks associated with them, the economy is more stable so this allows you to plan things in the future, the judicial and political system tend to work better.

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Abolish: To take a rule or law away because of how ineffective it is. Another word for abolish can be discarded.

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