Economy Benefit from Technology An important aspect of having a successful economy is the ability for a country to trade its goods and service in an efficient way. The development of technology have greatly help to change the way countries trade their goods. Technology has currently reduce the time it takes to deliver the goods all over the world. From stem engines to diesel power engines and now with the aid of cargo ship we can reach the any place within few hours or minutes. For an example
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How rich is rich in the Philippines? June 21‚ 2010 http://www.pinoymoneytalk.com/socioeconomic-class-philippines-rich/ Who are considered “rich” in the Philippines? For starters‚ you’re “rich” if you belong to the list of the Top 10 Richest Filipinos. However‚ even if your net worth does not run into billions of pesos yet‚ you may still be considered “rich” as per the definition of the National Statical Coordination Board (NSCB). Based on NSCB computations using the Family Income and Expenditure
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should rich countries help the poor countries? There is so much debate surrounding the issue of rich countries should help the poor countries. Proponents think that rich countries should help the poor countries because loaning money to developing countries aids can helping them improvement the situation from poverty and disease. Opponents‚ think that the money doesn’t go for the place where they needs and the debt is a lot of pressure for the poor countries. In my opinion‚ that rich countries
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Rich countries should help poorer countries With the development of technology and business‚ the world become smaller and smaller. Many countries in economically developed. However‚ there are still many countries are poor. These people in poor countries need help‚ and many rich countries can give a hand to the poor countries for two reasons. One is to promote the communicatin on many aspects likes culture and trade. The another one is to stimulate the development of poor countries to support people’s
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economic development varies‚ to some certain extent‚ by country and region. Each country has achieved its own current level of economic development and its own assets and resources‚ strengths and liabilities. With these things in mind‚ each country and region must decide how to allocate resources and take the next steps in economic development. It is only then‚ that a country can move forward with its development. There are‚ however‚ certain crucial factors necessary to basic economic development and
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feelings about whether rich countries should help poor countries or not. There are different reasons why I believe that they should‚ and different reasons why I believe that they should not help. Rich countries should help poor countries because if things were reversed they would want help. Opening up trade barriers so that poor countries can sell their goods is another good way to help. Rich countries could also send money to help pay off debt. People have no idea how lucky they are to be able
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Ever since it developed‚ there has been controversy over whether or not mechanical inventions benefit our lives. Doug Rennie’s article‚ “Faxed to the Max”‚ says “the timesaving devices we created give us more freedom to do what we want have instead imprisoned us in our own technology.” Although this may be true to some people‚ everyone has the power to resist technological devices. People can chose to use these tools to enhance their lifestyles‚ like they can chose to use a hammer or a saw for a
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"Oh my God look at this rich countries just sitting there and watching the poor countries suffer."Don’t you think that this rich countries should wake up and start doing something to help these poor countries such as Haiti due to the Earthquake it went through and also many other countries. One reason rich countries should help these poor countries is because if you take Haiti for example after the earthquake they had in 2010 there were many damages done to people and land because Many buildings
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elements which contribute to the development of a person is education. People should be surrounded with good opportunities throughout their lives‚ and having received a good education gives them a greater chance of doing so‚ because education enables them to have more welfare in life. As people live in prosperities‚ the development of a country will be carried to a good level in the future. In my opinion‚ education is the single and most important in the development of a country. First of all‚ education
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Analysis on Benefits on Developing Countries from Globalization Economically Module Code: Class: Tutor Name: Student ID Number: Date of Submission: Introduction Globalization is defined as the growing economic interdependence of countries worldwide developed by variances of crossborder transactions in goods and services and by the higher mobility of production such as a more rapid and widespread international diffusion of technology (IMF‚
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