Economics

Today, more than a billion people atomic number 18 liveness in extreme poverty having less than one dollar a day at their disposal to live or merely to survive. Moreover, until 2015 the worlds population will promising have grown to 7 billion, and to add to that, approximately 58 million HIV/Aids infections will largely reply in the third world countries and more specifically, in Africa. disrespect constant lamentation about extortionate taxes and poverty in western countries, Europe, North America and part of Asia is wealthier than ever in the history of mankind. Investors from Europe put their money to work in countries around the world. And because of this, Wal Mart recently announced $220 billion in sales for 2001 making it bigger than the economies of Indonesia, South Africa or Turkey. (Aisbett 16) In the last two decades, international flows of capital, goods, services, information and labor increase in volume and accelerated substantially. Even so, events and situations have occurred end-to-end the world that have affected not only the areas that they took place, nevertheless because of industrialization, media relations, politics, and economic factors, have affected the world as a whole. Some of these occurrences have been negative and some have been positive.

Events that consider place in very influential countries, such as the draw and quarter together States, Canada, and Great Britain also have a lean to make a larger impact on some other countries because more relationships are tied through them. This makes countries like the United States able to purposely sway decisions in a good direction, which is why the way the United States conducts its business is criticized so thoroughly. on that point are some people who believe that this effect (globalization) is a good thing and that …social and cultural change could enquire place in all societies through industrial capitalism. (Aisbett 4) These are the people who believe in the modernization theory proposed by Marquis de Condorcet. There are also some...

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