Effects of Globalization on Poverty

Effects of Globalization on Poverty - Globalization on the...

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Globalization on the World’s Poor 1       Effects of Globalization on the World’s Poor Thomas Baker August 15, 2010 MAN-372 Professor Cheryl Toops
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Globalization on the World’s Poor 2 Effects of Globalization on the World’s Poor With the advancement and development of technology, people are now able to communicate and do business with each other even miles apart. As a result, businesspeople were able to expand their markets and undergo what we call globalization . Globalization is the growing economic interdependence of countries worldwide through increasing the volume and variety of cross-border transactions in terms of goods and services, free international capital flows and more rapid and widespread diffusion of technology (Hill). With the increasing production in different aspects, businesses decided to widen their resources and increase their target market. These key business people are the ones responsible and the initiators of globalization. One of these key persons is the richest man in the world, Bill Gates. As the chief of the Microsoft industries, Bill Gates was able to identify the need for development, and filled it (CNET). With his vision, to help
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This note was uploaded on 10/16/2011 for the course BUSINESS 421 taught by Professor ?? during the Spring '10 term at Thomas Edison State.

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Effects of Globalization on Poverty - Globalization on the...

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