Poor and underdeveloped countries have more densed population and poverty,modern industries can not alone give them employment
oppotunity.
Click to enlarge (old aged beggging)
Old age plight in absence of social security
Lack of social security
Countries like India/ Bangladesh/ Pakistan/ Afghanistan/ Srilanka/ Nepal and other poor and undeveloped countries are already
scratching head by problem of overpopulation and provision of employment.In India nearly 40-45% population is in below poverty
line who even feel lucky when get one or two times food a day.They have no source or some time source of income to feed them
and their family.
Some of the above countries have 40-50% unemployment, resulting to unrest/ decoity/begging and
birth of bad elements.
These countries are not able to introduce social reforms for their population due to lack
of fund.Earning of these countries are only from fraction of population through taxes and other sources.
World
economy will shake when poor go poorer.Demand of produce will be hit by loss of buying power.
only employment can give growth to economy
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