World Bank

The purpose of the World Bank and the International Monetary fund is to provide money and financial assistance to less fortunate or less developed countries of the world. The point of this is to reduce homelessness, improve living standards, and lower the unemployment rate. The World Bank offers low-to-no-interest loans and grants to these people. Normally, these funds are for improving an underdeveloped country's education system or health system, but sometimes goes into things like infrastructure and simply the well-being of the country's inhabitants.

Now, the question that likely needs an answer, and not just straight facts is this: Have they helped to improve living conditions of regular people or are they just a more expensive government?

I believe that they have most definitely helped with poor countries around the world. From all the facts I've gathered from the internet and my textbook, I would for sure have to put the World Bank in my good books. Sure, they may cause more taxes for some people, but really, with the billions of people in the world, what's a few dollars to just one of us, right? Not to mention the only countries who get over-taxed are the ones who can actually afford it most of the time, so it's not like they're really harming a lot of people to help just a few.

Also, another argument for them, according to their facts that are written in the book, they dropped the homelessness count by nearly twenty percent in less developed countries, life expectancy in these countries were increased by about twenty years per person. Think about that - twenty years; that's longer than any of your current students have lived. That is most definitely a very good thing.

To put it simply, I don't see how anyone could see the World Bank as a bad thing. I'm all for having more money in my pocket, but if just a few of my dollars are going to be spread around the rest of the world, I'm totally fine.