POLS 184

Globalization has caused uneven effects throughout the world. The wealthier countries are getting richer and the less developed countries are becoming poorer. Economic integration and trade liberalization have produced an unstoppable movement toward economic globalization, resulting on the modernization and growing wealth of the industrialized countries. But many less developed countries (LDCs) have been left out or have been harmed by globalization.
The principal trend that has made globalization so popular after World War Two has been international trade. Growing trade has increased the variety of goods, services, direct investment and finance in the world. However, many countries from South Asia, Sub-Saharan Africa and Latin America have been left out in the process. The benefits of expanding trade have been concentrated in the United States, Europe and Japan. Usually lesser developed countries do not have enough purchasing power and have to increase their......

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Title: Globalization
Approximate Word Count: 475
Approximate Pages: 2 (250 words per double-spaced page)

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