Wednesday, December 26, 2018
'Economic globalization makes rich get richer, poor get poorer Essay\r'
'stinting globalisation is the unifying of all the scotch systems and markets worldwide. The world obviously is nowhere faithful trustworthy globalization, but countries ar qualification huge strides towards it. There is a innovate that globalization moderates rich countries richer and poor countries poorer. However, I do not agree with this. Firstly, it is true that the rich may truly easy give richer by globalization. It opens up hot investment opportunities and new growth and if they be wise they can benefit financially.\r\n remove the recent boom in uphill markets. It is mainly the rich who remove adit to invest in these markets, and thus, the rich shit richer. I would argue, however, that globalization has a precise strong force to actually make the rich poorer. For examle, there has been much blast to task about outsourcing and that it is bad for America because American jobs get moved abroad. Now those Americans who have had their jobs outsourced ar certai nly poorer, and in this scenario the Americans ar the rich so once once again the rich got poorer.\r\nThe idea that the poor get poorer is in most ways unfounded. Sweat-shops are an example of a terrible characteristic of globalization. Nevertheless, the use of sweat-shops is declining thanks to consumer pressure. Additionally, sweat-shops are a function of the politicss of the countries in which they exist. It is not globalizationââ¬â¢s fault that people are treated poorly in a country, but rather it is the fault of that government for not looking out for the wellbeing of its people. Beyond that, though, I believe globalization is helping the poor get richer. To start, take the example in the previous paragraph and reverse it.\r\nWhile Americans losing their jobs get poorer, workers in other countries get richer. Multinational corporations are finding these developing countries provide very appealing investment opportunities and so they are putting their money into these co untries, by so doing, helping them to grow and enriching their citizens. Globalization typically leads to the industrialization of countries that have not been modify and makes the world a better shopping mall for everyone.\r\n'
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