Free Essay

La Virgen de Guadalupe: a Character Study

In: Other Topics

Submitted By Friscokid13
Words 539
Pages 3
http://www.studymode.com/download/?id=50431478&token=c...

Globalisation has benefited the richest countries at the expense of the poorest.
By asmulicious | Studymode.com

1.

Globalisation has benefited the richest countries at the expense of the poorest.

Globalisation is the transportation of trades, ideas, technology and capital from national economies to international economy. It promotes free trade, free market, capital flow, communication and allows more competition. The process is possible through recent advances in telecommunication, for example most of US and British service sector relocate its call centre facilities to low wage countries such as India, where they earn high profit by paying low wage to its labour and provide low standard of living. Another example is the clothes industries designed in high wage countries, manufactured in low income countries then sold in UK or other part of Europe and America counties. Rich countries take advantage poor countries in order to gain good returns. The process occurs through multinational companies who goes to poor countries and buy their factor endowment at cheaper prices and sell at higher prices. An example OPEC (Organisation of Petroleum Exporting Countries) act as joint venture uses Nigeria to extract crude oil earning billion of dollars from it and “leave the residents of the area like horse manure.” (www.nigeria-planet.com). U.S imports about 10% of Nigerian crude oil. They extract oil and leave Nigeria to suffer while they make the most from it. Nigeria it’s still developing despite all the abundant raw material they have. The multinationals oil companies are cruel to poor countries if they could divide half of the profit with the country they wouldn’t have been left behind. The oil extraction in Nigeria by the multinational companies cost many lives and continue to endanger them as well as the environment. Nigeria is one the poor countries in the world yet they have the resources to make them one of the riches countries in the world but lack of capital made them easy to be exploited by multinational oil companies such as shell. It made U.S wealthier and more diverse lifestyle living out Nigeria with bad health, and “long term effect of pollution” such as acid rain which ruin raw material the only things they can rely on are being destroyed, it endangered animals. It’s not just oil in Nigeria that has been used by rich countries to make them even wealthier and make Nigeria more poorer, product such as beans alongside Ghana. International companies put local businesses at risk in closing down as they haven’t got the power to compete simply because of capital intensive. Though globalisation sometimes tend to help developing world by investment in lands or even lending loans to a countries to help standard of living that also for the own benefit, to use of the land or labour. Overall I agree with the topic that globalisation benefit the rich in expense of poor countries. Low pay for raw material high sell for the finish goods.

1 of 2

5/20/14, 7:54 PM

http://www.studymode.com/download/?id=50431478&token=c...

Sources: Nigeria-planet.com, bbc.co.uk and guardian.com

2 of 2

5/20/14, 7:54 PM

Similar Documents

Free Essay

Media in Mexican National Identity

...Media in Mexican National Identity: The use of Mexican national symbol “La Virgen de Guadalupe” to unite the country. Nowadays, Mexico is facing one of its hardest periods of all times. As the drug war is taking control over the whole country, other major problems such as insecurity, unemployment and poverty are taking part of Mexicans lifestyle. This had lead to a series of internal problems that have caused the population to distrust the government and try to find a solution to all these problems from a different source: faith. Mexico’s national identity has always been recognized as being one of the strongest and most distinguished identities in the world, with a united and rich culture, full of beliefs, memories, history and symbols; Mexican culture was something Mexicans always felt very proud about. But with such problems affecting the country, Mexico needs more than ever maintain this feeling of feeling proud about being Mexicans, to start being positive about things getting better and continue improving in order grow and share their culture they are very proud about. The media is always playing an important role in Mexican’s lifestyle. In this case, we choose to make the example of Mexican Television and how it has played an important role reinforcing national identity with a known Mexican symbol “ The Virgin of Guadalupe”, a symbol that is full of history and which has united Mexicans before. We will analyze the way that the media in Mexico has taken this......

Words: 2807 - Pages: 12

Premium Essay

First Filipino

...THE FIRST FILIPINO Republie of the Philippines Department of Education & Culture NATIONAL HISTORICAL COMMISSION Manila FERDINAND E. MARCOS President Republic of the Philippines JUAN L. MANUEL Secretary of Education & Culture ESTEBAN A. DE OCAMPO Chairman DOMINGO ABELLA Member HORACIO DE LA COSTA, S. J. Member GODOFREDO L. ALCASID Ex-Oficio Member TEODORO A. AGONCILLO Member EMILIO AGUILAR CRUZ Member SERAFIN D. QUIASON Ex-Oficio Member FLORDELIZA K. MILITANTE Exccutive Director RAMON G. CONCEPCION Chief, Administrative Division BELEN V. FORTU Chief, Budget & Fiscal Division JOSE C. DAYRIT Chief, Research & Publications Division AVELINA M. CASTAÑEDA Chief, Special & Commemorative Events Division ROSAURO G. UNTIVERO Historical Researcher & Editor EULOGIO M. LEAÑO Chief Historical Writer-Translator & Publications Officer GENEROSO M. ILANO Auditor JOSE RIZAL (1861-1896) THE FIRST FILIPINO A Biography of José Rizal by LEÓN Ma. GUERRERO with an introduction by CARLOS QUI R INO ( Awarded First Prize in the Rizal Biography Contest held under the auspices of the José Rizal National Centennial Commission in 1961) NATIONAL HISTORICAL COMMISSION Manila 1974 First Printing 1963 Second Printing 1965 Third Printing 1969 Fourth Printing 1971 Fifth Printing 1974 This Book is dedicated by the Author to the other Filipinos Speak of me as I am; nothing extenuate, Nor set down aught in malice, Shakespeare: °the/Lo. Paint my picture truly like me, and not flatter me at all ;......

Words: 203166 - Pages: 813