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Post World War 2 Summary

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1. What was the role of food aid/exports from the developed world to the developing world during the Development Project? How has food aid/exports shaped the kind and conditions of work done in the developing world? To what consequence?

Post World War II began a term where development of the new and old world became high priority. The developed world began to inspect new ways to attain additional global capital. The ensuing projects evidently served as a cultural hegemonic movement that promoted Western civilization cultural dominance. Hugely evident during the Development Project, the United States aided food impoverished countries, mostly newly formed nation-states that gained independence after WWII, by exporting food and other goods …show more content…
Inflation and deflation cause currency instability and force nation’s to regulate financial institutions. Thus, the rise of monetarism allowed for governments to control the amount of money is on the market; price stability. Developed countries deregulated export/trade laws which allowed for them to utilize EPZ’s at higher rate. This innovation created economic relief for nations and encouraged global trade. A social condition that led to the rise of EPZ’s was the desire to produce by manufacturing in rural areas with the intention to reduce poverty and unemployment. Developing countries’ low standards for workplace regulations and labor laws made it easier for companies to facilitate trade networks with. Often these zones entitled companies to tax break incentives that would otherwise be lacking if the manufacturing were to occur in developed countries. The only boundaries capital hates are investment boundaries (Lecture #6). Companies are only focused on creating profits. EPZ’s support developed countries’ plight to economically cultivate at the cost of exploiting third world countries. Developed countries cannot utilize their home labor networks because tax policies, wage laws, and workplace regulations are enforced closely which cause labor restrictions and costlier manufacturing. Due to deregulation of global trade restrictions, outsourcing became a common practice. Spatial borders were crafted to intentional isolate areas of development. In those areas, a shift from rural to labor driven manufacturing zones came to fruition. This caused uneven development and certain dependency on EPZ’s for job creation and consumption. These zones now become engines for

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