Big businesses often drive economic growth in both developed and developing nations by creating jobs, fostering innovation, and boosting local economies through investments and infrastructure development. In developing nations, multinational companies can offer technology transfer and skills training, enhancing local workforce capabilities. Additionally, these businesses can increase access to global markets for local producers, helping to improve living standards. However, it's important to note that the benefits can be unevenly distributed, sometimes leading to social and economic challenges.
outsourcing replaces workers in developed nations with workers in developing nations
burnn riubber 4
Profits for developed nations mean long hours and low pay for workers in developing nations. <----Nova Net
The G8 and the G20 groups of nations are the most economically developed nations.
Europe, South America, possibly North American depending how you count Mexico, Asia. However it a safe bet to say ALL continents have both developed and developing nations.
A conflict theorist would view transnational migration as increasing the economic gap between developed and developing nations. They would argue that the exploitation of cheap labor from developing nations by developed countries perpetuates inequalities and benefits the wealthier nations at the expense of the poorer ones.
outsourcing replaces workers in developed nations with workers in developing nations
outsourcing replaces workers in developed nations with workers in developing nations
More people live in developing nations than in developed nations. Developing nations have larger populations due to higher birth rates, lower life expectancies, and less access to education and healthcare compared to developed nations.
developing nation african countries are still developing
The developing nations will have to wait for the financial flows from the developed countries.
burnn riubber 4
They want to reduce the cost of manufacturing by using inexpensive labor
Profits for developed nations mean long hours and low pay for workers in developing nations. <----Nova Net
Profits for developed nations mean long hours and low pay for workers in developing nations. <----Nova Net
Belize is a developed country. Countries are described as developed countries when they have a developed economy, and an advanced technological infrastructure when compared to other developing nations.
The G8 and the G20 groups of nations are the most economically developed nations.