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slava [35]
3 years ago
10

Why are some countries today much poorer than other countries? Are today's poor countries destined to always be poorer than toda

y's rich countries? If so, explain why. If not explain how today's poor countries can catch or even pass today's rich countries.
Business
1 answer:
DerKrebs [107]3 years ago
3 0

Answer:

Countries in the modern age stay poor because they do not have the privilege of having a country that cares about its people. Typically these countries have been involved in some sort of conflict with other nations or with themselves. A country like Mozambique would be considered poor because their political leaders during the age of the soviet union thought all the money would be in Communism which turned out to not be true.

Explanation:

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The Gorman Group issued $900,000 of 13% bonds on June 30, 2016, for $967,707. The bonds were dated on June 30 and mature on June
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Answer:

cash      967,707 debit

  premium on BP      67,707 credit

  Bnds Payable     900,000 credit

interest expense 58062.42  debit

premium on BP 437.58       debit

       cash                     58500 credit

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