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Bill And Melinda Gates 'Big Bet'

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The claim Bill and Melinda Gates call their “Big Bet,” is whether the lives of people in poor countries will improve faster in the next fifteen years than at any other time in history and if their lives will improve more than anyone else’s. The author wants to inform the readers how the problems dealing with health, nutrition and technologies such as banking can be solved for the betterment of people in poor countries. These central claims include how the cutting of the number children who die before the age of five will be managed, how to reduce the number of women that die in childbirth by two thirds, how to finalize the spread of polio and other diseases, how to find the secret to destructing malaria, and forcing HIV to a tipping point. …show more content…
Technology holds a great impact on getting past these setbacks when concerning agriculture, finances, and education sections.
“Agriculture extension, the process by which farmers get information-what seeds to plant, how to rotate crops to protect their soil, how to get the best prices at market-is complicated and expensive” (Gates 12). This is the fundamental dilemma many impoverished countries are facing today. The main cause for their struggle is not that they are ignorant, but because they are left behind. For many years, the world as a whole has allowed for some less fortunate countries, failing to be beautiful with certain resources, to fall behind. Now, when the world once again is deciding to acknowledge these economic downfalls, there is quite a process to be done. In many cases do we hear about starvation and nutritional deprivation being one of the main breakdowns of needy countries such as Africa and India. In cases like these, communication is mandatory. In order to uplift these …show more content…
Economies in poor countries continue to degrade due to their lack of security and knowledge of good banking. The Gate’s have gone to many financially unstable countries and recognized the need for improvement on both if these areas. With mobile banking, as promoted by the Gate’s, users will gain more security in their finances and have connection to inexpensive financial assistance. Mobile banking will help to transmit cash to digital currency. Ancestral methods of banking led to insecurity of and difficulty to liquidate personal finances. Now, with this modern innovation, money is stored digitally, making it much more difficult for savings to be stolen and money can be spent at any moment at any amount, not to mention the additional time and safety efficiency that also comes along with this process. An example of success with this stated by Melinda that “In Bangladesh, the fastest-growing financial services company is a mobile money provider called bKash. Less than four years after launching, it processes roughly two million transactions per day, with a total value of nearly one billion dollars each month” (Gates

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