... to the poor since they are not confident about repayment. As many poor people need money to survive the day, saving and investing money for long term benefit is not very rational. The most devastating consequence of not saving and investing is the lack of resources to educate the children of poor families. This will start another round of a vicious cycle. Discrimination ... that depart from the perfectly competitive market. From the study made by the Economist Robert Solo, other than the growth caused by increase in input of production and increase of stock and capital, the technologica...

• Word Count: 3859
• Approx Pages: 15
• Grade Level: Undergraduate