Globalisation

Globalization Facilitates the Transfer of Wealth From Poor Countries to Rich CountriesThe frugal aspect of globalization has led to the integration of emerging economies in the world markets and the expansion of human economic activities , exchange of ideas , inform , legal systems organizations and culture internationally . Countries have integrated into a global economic system towards international trade and stead of government flows with the fattyer countries continuing to prolong richer whereas the execrable countries continue to puzzle poorer (Wade 2004Poverty has been the study cause of unproductive human resource as a result of lack of education , training , poor lead and weak infrastructure has resulted into poverty , research findings on economic science has found out that most of the epoch the causes of thes e argon the very richness or the endowment of the nations resources such(prenominal) as mineral wealth or the fertile farming(a) land (Wolf 2001There is a big difference in economic interdependence .

The industrialise countries ar highly interdependent in relation with single some other . In monetary value of economic relations , the growth countries ar highly interdependent on one other . On the other give-up the ghost developing countries are much independent from one another as far as economic relations are concerned (Wolf 2001The developed countries are highly dependent on the developed nations and th is has led to crossing in income levels bot! h mingled with countries and peoples , inequality between the rich and the poor that means , assets and incomes are more concentrated , the mesh constituent among the poor has locomote while profit share has risen . Capital...If you want to get a full essay, couch it on our website: BestEssayCheap.com

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