big businesses provides jobs and creates tax dollars.
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Countries that were colonized by European nations had the benefit of a military presence that less developed nations did not have access to. However, these same nations had to fight for independence from the colonizing nation to benefit from the resources that were previously taken away and sent to the homeland.
outsourcing replaces workers in developed nations with workers in developing nations
Higher rates of certain issues, such as poverty, disease, and infant mortality, in developing nations compared to developed nations can be attributed to various factors. These include limited access to healthcare, inadequate infrastructure, and lower levels of education, which hinder economic growth and development. Additionally, developing nations often face political instability and economic challenges that exacerbate these issues. In contrast, developed nations benefit from more robust healthcare systems, better educational opportunities, and greater economic stability.
The G8 and the G20 groups of nations are the most economically developed nations.
It will grow more slowly than in developin countries.
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Transportation & business facilities for advanced production of manufactured goods
Countries that were colonized by European nations had the benefit of a military presence that less developed nations did not have access to. However, these same nations had to fight for independence from the colonizing nation to benefit from the resources that were previously taken away and sent to the homeland.
It will grow more slowly than in developin countries.
Studies conducted by economists at the Federal Reserve Bank of New York indicate that under developed nations can benefit and increase their GDP by importing high technology products from developed nations. As a whole, trade between less developed nations and underdeveloped ones, have resulted in economic benefits for less developed nations.
Many people view it as unfair because developed nations have historically used biomagnifying compounds to advance their own industrialization, contributing to environmental damage, yet are now asking developing nations to restrict their use while continuing to benefit from past actions. This imbalance raises concerns about equity and the responsibility of developed nations to support sustainable development globally.
outsourcing replaces workers in developed nations with workers in developing nations
Because most of the developed nations of the world are highly industrialized
outsourcing replaces workers in developed nations with workers in developing nations
Higher rates of certain issues, such as poverty, disease, and infant mortality, in developing nations compared to developed nations can be attributed to various factors. These include limited access to healthcare, inadequate infrastructure, and lower levels of education, which hinder economic growth and development. Additionally, developing nations often face political instability and economic challenges that exacerbate these issues. In contrast, developed nations benefit from more robust healthcare systems, better educational opportunities, and greater economic stability.
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.