Globalization

In general, developed nations are richer, more politically powerful and more industrialized while the nations of the developing world are poorer, less politically and economically powerful and more dependent on extractable resources (such as minerals or agricultural products) and cheap labor. First World corporations often use workers in the developing world because they are cheaper to employ: This is in fact one of the cornerstones of globalization.

As Kegley and Wittcoff (2000) note, the focus of the effects of globalization tends to shift with the speaker's or writer's own sphere of interest: Those in the developed world are generally more likely to benefit from globalization and so more likely to be in favor of it than are those in the developing world. Globalization refers to two different types of economic activities. The

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Some common words found in the essay are:
European Community, Third World, Smith Guarnizo, Kegley Wittcoff, , Fourth Worlds, Munch Nation, developing world, Wittkopft World, developed world, developing nations, Zed Books, London Palgrave, poor countries, world developing world, wealthier nations, rights workers, developed nations, world developing, types economic, economic mergers,
Approximate Word count = 1013
Approximate Pages = 4 (250 words per page)

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