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* provide a higher income for people in third-world nations
* raise the standard of living of most of these people from extreme poverty to moderate poverty, so that they can eat more nutritious foods and have cleaner potable water.
* with higher income also comes better education -- knowledge is being shared
* with better knowledge, better understanding about health care, superstition, poor habits, and human rights
* hopefully a better chance at world peace and less racial and religious hatred
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∙ 12y ago
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What are the benefits of capitalist in third world countries?
Globalization- which is a mixture of market and culture.
List the major drivers of globalization and give three examples of globalization?
The three examples of globalization are the major drivers of globalization. The first is politics, the second is technology, and the third is economics. All three of these have impacts on different countries no matter the country that it is derived.
Is a beneficial side effect that affects an uninvolved third party?
positive externality
Why problem of unemployment in third world countries?
The effect of taxation on unemployment in Ghana
Who does third world debt effect?
It affects countries that have to pay other countries because they r so poor
How is India an example of economic imperialism?
all third world countries are example of economic imperialism and globalization there aren't any better industries in these countries,all they can do is to be a slave for the developed world by offering cheap labour.
Is 'outsourcing' referring to the increased globalization of business?
Yes, outsourcing a job means moving an entire office to a place where labor costs are lower, such as "third world" or "emerging economy" countries.
Does the third world get richer due to Glabalization?
Globalization can potentially contribute to economic growth in developing countries by increasing access to markets, technology, and investment. However, the extent to which the third world gets richer due to globalization can vary depending on factors such as government policies, infrastructure, education levels, and income distribution within the country. Overall, while globalization can provide opportunities for growth, it also poses challenges such as competition from larger economies and uneven distribution of benefits.
Is it third countries or third world countries in a sentence?
Third World countries.
Effects of black market currency in third world countries?
the effect of black market currency in Nigerian economy
Is o positive blood common?
O-positive is the most common blood group in the world; over a third of the population in most countries - in some, nearly half the population - and in the world.
How did World War 2 effect different countries economy?
it realy affected countries economy it made countries like America control world economy and other countries like third world countries in abadfinancial and cultural condition
