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What primary advantages does globalization offer the people of developing countries?
Wiki User
∙ 7y ago
It can raise the standard of living by bringing in capital and increasing employment.
Tyree West
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What primary advantages does globalization offer the people of developed nations?
Access to new markets and inexpensive labor. <----- correct novanet answer.
Why might developing countries have only primary and secondary economic activities?
because they have over 20 k in money or over a thousand more for
What is a main difference between developed countries and developing countries?
The income level and standard of living
What is the role played by the primary sector in the economy of your country?
The Primary sector of the economy is the change of natural resources into primary products, it is the first step followed by the secondary and tertiary sectors. Most products from this sector provides raw materials for other industries.
How does globalization affect the labor market?
With the advent of globalization, countries who are in disadvantageous position, are rushing to markets where cheap labor is available, to have their products competitive. Even President Barrack Obama had to warn the U.S. Companies against their business process outsourcing to India, to get rid of high labor cost in U.S. and threatened to impose tax on them. Thus, in globalization only the cost factor is primary and the plight of labor force whether domestic or in alien country is secondary.
What primary advantages of globalization offer the people of developing countries?
It can raise the standard of living by bringing in capital and increasing employment.
What primary advantages does globalization offer the people of developed nations?
Access to new markets and inexpensive labor. <----- correct novanet answer.
Why might developing countries heave only primary and secondary economic activities?
answer please
What is the role played by the primary sector in the GDP in the countries shown relate your answer to the jobs offered salaries and the value of products to developing countries?
It is the main sector in developing countries, as it provides the most employment and is the beginning of the production process.
Who is the father of primary health care in developing countries?
john grant but the complete answer is JOHN B. GRANT
What is an example of a Primary Industry?
An example of primary industry that usually occurs in developing countries is: animal husbandry is more common in Africa than in Japan.
What are the primary component og globalization that affect how the practice of medicine takes place in the US?
What are the primary components of globalization that affect how the practice of medicine takes place in the U.S
Advantages and disadvantages of primary cells?
what are the advantages and disadvantages primary cells?
What is the primary effect of outsource on a developing nation?
unemployment
Which world body has its primary role to improve education in developing countries?
UNESCO United Nations Educational, Scientific and Cultural Organization
What is the role played by the primary sector in developing countries?
The primary sector in developing countries plays a crucial role in providing livelihoods for a large portion of the population, particularly in rural areas. It is also a significant source of export earnings and contributes to food security. However, it faces challenges such as limited access to technology, market volatility, and environmental sustainability issues.
Why might developing countries have only primary and secondary economic activities?
because they have over 20 k in money or over a thousand more for
