The economy is like a human body, if part of it illness the whole body will suffer. Globalization and fair trade effect the rate of poverty around the whole world. Globalization is a term used to describe the economy’s growth around nations. Globalization provides open markets among nations’ borders provides to exchange money, science, and technology across the world. Globalization puts welfare of nations above the welfare of poverty and poor people. Globalization makes the wealthy countries more wealthy and the developing countries poorer. All this causes created by humans, so the cure of poverty must create by humans
The economy is like a human body, if part of it illness the whole body will suffer. Globalization and fair trade effect the rate of poverty around the whole world. Globalization is a term used to describe the economy’s growth around nations. Globalization provides open markets among nations’ borders provides to exchange money, science, and technology across the world. Globalization puts welfare of nations above the welfare of poverty and poor people. Globalization makes the wealthy countries more wealthy and the developing countries poorer. All this causes created by humans, so the cure of poverty must create by humans