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Why hasn't globalization benefit the majority of the worlds underdeveloped countries?
Underdeveloped countries don't have the productive capacities necessary to take advantage of increasing international trade.
What else can I help you with?
Why are the majority of the world's countries left on the margins of globalization?
Many factors contribute to countries being left on the margins of globalization, including lack of infrastructure, political instability, corruption, limited access to technology and education, and economic disparities. These countries may struggle to keep up with the pace of global integration, hindering their ability to benefit from international trade and investment.
What is a benefit of trade between two countries?
globalization
Who benefit from globalization?
Countries who want to improve their economy and aim for internal development can benefit from globalization. However, the wealth brought by globalization is not equally distributed and those who are rich gain that phenomenon and the poor actually lost.
What does globalization benefit some countries more than others?
It's a way that express who you are. You may speak many different languages or a few, for example, that's a benefit that globalization gives to you.
What is one way that developed countries help underdeveloped countries to improve their economic?
They can teach undeveloped countries how to use the resources available in their own lands to benefit their population.
Does the Indian economy get any benefit from globalisation?
The Indian economy does get benefit from globalization because the economy is allowed to access markets in many countries.
How does developing countries benefit from globalization?
People in developing countries have access to innovations of the developed world. This includes computers, and cutting edge medical innovations.
How do people the US benefit from globalization?
Economic growth is one way that people in the United States benefit from globalization.
How do people in the united states benefit from globalization?
Economic growth is one way that people in the United States benefit from globalization.
What has been the main benefit of globalization in the United states?
Economic Growth
What are advantages of globalization?
Advantages of globalization include increased trade between countries, access to a larger market for goods and services, cultural exchange, and opportunities for economic growth and development. Globalization also promotes efficiency and innovation through competition.
Is globalization a benefit or a problem?
It is both good and bad. It brings less developed countries privileges from more developed countries that they would not have otherwise. It also levels the playing field for countries. Some cultures see globalization as a bad thing because of the Western Ideals that seep into their culture.
