Why Some Country Rich but Others Poor

For all responses to each assignment, provide the rationale for your answers and any assumptions that you are making.

question. Students must consider factors and provide a rationale for which of these sets of ideas is of greater importance.

In terms of global economy and global businesses, finance, production and environment, globalization has profound impacts.

Analyze the situation described above by answering each of the following questions with 1 to 2 paragraphs:

Globalization has been a main culprit of wealth inequality in the United States for many years. Many economists believe that globalization was meant to do the exact opposite of what it is. In theory, globalization should makes goods more easily accessible and stable out our governments, but why isn’t it? After doing some research on the topic I have concluded this. Standards of living in countries, most notably poor countries, should have been raised by globalization, but only certain countries are able to reap the rewards while others suffer. It is fact that there is a positive correlation between inequality in incomes and the production outsourcing processes. The outsourcing causes inequality between skilled workers and the others that are

Here, in this research paper, I will try to find a decent reply for the principal questions and provide an appropriate supporting research for my argumentation, which I will take from the reading of this class.

This discussion question for this module has two parts. Respond to both parts to receive full credit for this assignment.

This can be seen in two graphs, the first shows that the high income nations have risen dramatically compared to the middle and low income nation which only increasing slightly over the years. This shows that the growth of population in low-income countries is much higher that than the high-income countries therefore the widening gap even more.

Since the first essay question consists of three parts, I will break them down and address them individually, starting with the first.

Globalization has done a tremendous disservice to those that seek to create wealth and resource equality. Globally it has created a system where as the counties with access to strong markets, copious resources, and relatively educated populations will succeed, while those countries that lag behind in categories such as those willhave a difficult time maintaining in the global economic system.

2. What are the possibly different main claims/positions related to this topic? (There will be at least two (2) possibly different claims/positions, but there could be more; however, one of them will be YOUR claim/position.)

listed below. Discuss your responses. Note that some of these questions may not be consistent

According to Richard N (2006), the free movement of goods due to free market or trade has led to globalization. Though the effects have been assumed to benefit all, there is a large inequality among the poor and the rich both within the countries among the nations. Capitalism is contributed to technological advancement, which has then influenced free trade. The uncontrolled globalization has resulted in more developed societies becoming rich. The rich economies are able to exploit the market by producing at lower price due to their level of technology and advancement in research. They are also able to protect their economy through export subsidies and production subsidies to their farmers. This translates to lower prices for their goods in the global market hence controlling it. The poor countries despite having comparative advantage in production of some commodities they also suffer from competitive advantage from the developed countries they are forced to sell their commodities at a lower price than their expected. They suffer a lot in global trade, which is mainly controlled by the wealthier nations. There are regulations, which restrict the flow of goods in the world market from poor societies. This makes

respectively of which both will be discussed in depth during this essay to provide an

having read and considered the relevant literature on these issues, discuss how you are likely to deal with each of the two issues.