Emmanuel Wallenstein buttressed fact that the world is divided into three unequal parts, namely CORE, PERIPHERY, AND SEMI-PERIPHERY. Therefore the advantages of world economics system are more prevalence in the core region of the economy.
1. Core region of the economy solely depend on the periphery and sem-periphery which the economy tremendously transform the economy of the CORE.
2. There became increasely development of technology.
3. Development of division of labour and comparative production advantage were encouraged.
4. The world economic system benefited Western Europe more because the system help the core to develop in social human infrastructure.
The world economic system is more less an advaantage to the region of Africa in so many ways.
1. The advent of colonialism precipitated by industrial development in Europe compell the colonies to develop educational system that would help the periphery to be liberated mindly.
2. The core region came to Africa during the quest for raw materals and discover that this part of the world Africa wre backwards in relation to understanding communication, basd on this premise schools were established in various African centres.
3. On the other hand, African region was maginalised grossly if to quatify it with what was expropriated from the region. Raw materals were exported with exchange of outrageous finished products.
4 Though schools were develop but of low standard in comparism with what were obtained in the core region .
TECHNOLOGY.
Globalization in Africa was a greasing lubricant that catapulted Afica to measure development in relation to communication, transportion, electicity, hospitals and industrial plants etc.
There was measure of technological transfer.
With technology Africa has experienced high level of capital flight transfer.
No adquate technical know how.
Most of industries in Africa are being managed by the core.
Globalization is such a commonly used term in the twentieth century. It simply means that the world has become integrated economically, socially, politically and culturally through the advances of technology, transportation and communication. It is undeniable to say that globalization has resulted in both positive and negative effects which must be addressed accordingly. To begin with, globalization has contributed to the worlds economies in many beneficial ways. The advances in science and technology have allowed businesses to easily cross over territorial boundary lines. Consequently, companies tend to become more productive, competitive thereby raising quality of goods, services and the worlds living standard. Secondly, several companies from the more developed countries have already ventured to establish foreign operations or branches to take advantage of the low cost of labor in the poorer countries.
Biggest disadvantage is oversegmentation - the the segment is simply too small to be addressed economically or meaningfully. The benefits of relevance and cost efficiency of segmentation usually outweigh any drawbacks.
Biggest disadvantage is oversegmentation - the the segment is simply too small to be addressed economically or meaningfully. The benefits of relevance and cost efficiency of segmentation usually outweigh any drawbacks.
Yes, addressed is the correct spelling.Some example sentences are:The letter was addressed to Santa.These issues will be addressed in the next meeting.
The president of the United States is not addressed as your excellency.The president of the United States is not addressed as your excellency.The president of the United States is not addressed as your excellency.The president of the United States is not addressed as your excellency.
The signers addressed it to eachother.
The old testament was addressed to the Jews.
If it is not addressed then humans will be the only animals living.
who is addressed as adhunik bhaghirath Dr Panjabrao Deshmukh
Any themes can be addressed. It depends on what the topic is.
Depending on the rest of the sentence --He addressed the audience on an important subject. -- lectured to / spoke toThe lawyer addressed his remarks to the jury. -- directedShe addressed the envelope quickly. -- wrote the address on
The federal judiciary is addressed in Article 3 of the Constitution. Article 1 addresses the legislature and Article 2 addressed the executive.