WHY ARE DEVELOPING COUNTRIES UNDERDEVELOPED

While it may be hard to arrive at a worldwide acceptable defination of what constitutes development, it is not really hard to determine what the average person desires to have. Majority if not all persons the world over want to have food, shelter and clothing. In countries underdeveloped, these basic needs seem like luxaries. This begs the patinent question why are basic essentials for life in short supply?

Here is what may surprise you. Underdeveloped countries seem to have plenty of everything ranging from raw materials to the human resources to handle the task of procession of these materials into consumable items for society's benefit. Unfortunately, it is not what is happening or it is just too slow a pace to make any noticable change. The concept of self first is still deeply entrenched and those enthrusted with the task of processing society's wealth for the benefit of all, apparently concentrate on amassing wealth for their own benefit. In the best of senerios, only a handful of people in society end up owning the entire wealth of the society and everyone else remain where they are or worse than they had been before.