The Exploitation of Low-Income Countries by High-Income Countries

 The Exploitation of Low-Income Countries by High-Income Countries Essay

The exploitation of low-income countries simply by high-income countries

INTRODUCTION

Through the years living conditions all over the world have increased, even inside the poorest of nations. Despite this there may be still an obvious difference among high-income countries and low-income countries. High-income countries are defined as countries with extremely productive economical systems the place that the majority of individuals have fairly large incomes, although low-income countries are defineed as having low monetary systems wherever most people are poor and many usually do not meet living standards (Macionis et approach., 2005, pg 439). Even though poverty is available all over the world citizens in low-income countries reside in absolute poverty instead of relative lower income found in high-income countries. Persons living in total poverty absence resources which might be essential for existence, while people in relative poverty have living assets but fall season below the common income tolerance for that region. In order to be familiar with " unequal distribution of wealth, electrical power and respect on a global basis” it is vital to look at global stratification (Kendal, 2010, pg 254). Global stratification has two hypotheses that make clear this inequality: modernization theory, which clarifies global inequality in terms of technological and ethnic differences, as well as the dependency theory which interprets global differences in terms of exploitation of low-income countries by high-income countries. However the modernization theory proposes a large number of appealing arguments this daily news will focuses on the dependency theory and its arguments " towards relieving the struggling of hungry people” (Macionis et approach., 2005, pg 222). This kind of paper will look at international corporations like GAP ® and The disney world resort ®, which can be huge organization industries with low-income countries. The cause intended for the underdevelopment of low-income countries is not due to cultural or perhaps technological causes, but rather to the exploitation of low-income countries by...