Part 4 --In reality, the underdeveloped countries cannot produce heavy machineries, so, this favorable impact of acceleration is unknown to them. The developing nations are bound to import machineries from developed countries to meet up their own requirements.
Let us suppose, one hundred developing nations used to import machineries from ten developed countries. And if the demand of goods increases one million dollars per year in each developing country then they will have to import machines from those ten developed countries.
If their average acceleration is five, then the developed countries will earn $500 million by selling machineries and thus the average income of each country will be $50 million. It is now proved that when each developing nation increases her production to the tune of one million dollars only then the developed nations earn on an average $50 million. And if each developing nation on an average increases production of ten million dollars only then each developed country will earn $500 million.
In this way the wealth of the developing nations is siphoned out to the developed nations. When the multiplier combines with the aggregate acceleration then their income increases manifold.
We do not observe any acceleration, because our country does not produce heavy machineries. Step by step the poor countries were termed as underdeveloped nations, thereafter developing nations and lastly called with courtesy the third world nations.
If the Third World nations unite together, then those countries will get more economic benefit which can produce heavy machinery.
(To be contd.)