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Essay / Research Paper Abstract
A 4 page paper discussing the positive aspects of globalization. There have been and continue to be charges against “the evil corporation” regarding labor practices in developing nations, and in some cases, the charges have been valid. There are many benefits of globalization, however. Besides making technology available to new areas, benefits include increased standard of living in the local area; heightened awareness of environmental issues; and greater corporate social responsibility activities. Bibliography lists 2 sources.
Page Count:
4 pages (~225 words per page)
File: CC6_KSglobBen2.rtf
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Unformatted sample text from the term paper:
centers on exploitation of uneducated, poor people in developing nations. Businesses moving manufacturing, mining or other operations to developing nations venues frequently are castigated as being exploiters of disadvantaged
humanity, seeking only their own financial gain and associated benefit for their shareholders. Critics of globalization refuse to see any benefit at all, which has been the case in
complaints such as Gap and Nike experienced in the past. In some cases, the charges have been valid. There are many benefits
of globalization, however. They receive much less attention than the negative aspects, but they are still very real. Besides making technology available to new areas, benefits include increased
standard of living in the local area; heightened awareness of environmental issues; and greater corporate social responsibility activities. Increased Standard of Living There
are many reasons that developing economies are "developing," rather than already being developed. Singapore stands as an example - and a goal - of how an impoverished nation can
develop its economy to come to be listed by the Organization of Economic Cooperation and Development (OECD) as officially achieving "mature" status. Singapore
began its quest for modernization and sustainable development in 1960. Only 35 years later, it was mature and poised to overtake Great Britain in per capita GDP; only the
Asian currency crisis prevented that from happening at the time. All of its advances were based on the capital invested in it by
other nations. The source of the capital is less important than the results that capital was able to bring, however. Any economic activity carries a monetary cost, and
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