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It is a developed country other developed countries include the uk, usa and germany. less developed countries are somalia, afganistan and lybia
per capita income is the = economic parameter which is used to classify the countries into developed and under developed =
Europe is not a country, it is a continent. It has many countries in it. Most of the countries of Europe are well developed. Most of them have had wealth and technology which has helped them to develop.
homes in less developed countries are built more poorly than in developed countries. for example, when the earthquake struck haiti and shortly sfter there was a stronger earthquake in chile, haitis affect was much worse because of their building's structures.
The crux of the charges against multinational corporations is that they adopt a double standard, doing in less developed, Third World countries what would be regarded as wrong if done in the developed First World. However, many criticized practices are legal in the countries in question and are not considered to be unethical by local standards.
Thakoor Persaud has written: 'Conflicts between multinational corporations and less developed countries' -- subject(s): Aluminum industry and trade, Bauxite, International business enterprises
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Cultural neocolonialism can be seen in the dominance of Western media and cultural products in many countries, leading to the marginalization of local cultures. Economical neocolonialism is evident in the exploitation of cheaper labor and resources in developing countries by multinational corporations from developed countries, leading to economic dependency and unequal power dynamics.
Several factors contribute to the rise of sweatshops in foreign countries, including lax labor regulations, low wages, lack of enforcement of labor laws, and demand for cheap products in developed countries. In many cases, globalization and outsourcing by multinational corporations seeking cost savings have also played a significant role in driving the proliferation of sweatshops.
Alan Michael Minty has written: 'Social responsibility as an investment criterion for multinational enterprises investing in less developed countries'
Indonesia's economy is not as developed as countries in North America / Western Europe which are now primarily serviced-based economies with GDP per capita in excess of 20,000. Although Indonesia has experienced growth and is rich in natural resources, much of these profits are taken by foreign multinational corporations which derive their income from mining, timber and agriculture.
Free trade between countries increases.global mass media connects all the people in the worldas the cultural barriers reduce, the global village dream becomes more realisticthere is a propagation of democratic idealsthe interdependence of the nation-states increasesas the liquidity of capital increases, developed countries can invest in developing onesthe flexibility of corporations to operate across borders increasesthe communication between the individuals and corporations in the world increasesenvironmental protection in developed countries increases
india & chine are developing country where as us and uk are developed country
The less developed countries don't have the same kinds of medical access to help them deal with diseases, which means that exporting health problems from developed countries to less developed countries could have devastating effects on the less developed countries.
Less Developed Countries
Development.