Globalization happens all around the world and helps create sustainable prosperity for all people majorly. So many things go on around the world that help create new and better opportunities for everyone that could use them, that is what creating a prosperous and sustainable lifestyle for people is all about. Giving them the opportunities and options that they did not have before to make their life better and more prosperous.
A major factor that has contributed to creating sustainable prosperity for all people is the trade market that has been developed between many countries. With many businesses placing their corporations around the world this creates competition for those who are trying to sell the same products. That means that they will lower the prices in order for people to …show more content…
This also creates job opportunities in places like for example manufacturing plants, some do not even require a high education and that gives people who may not have been able to afford school an opportunity to make money and have a fixed income. That then leads to people and families getting out of poverty and having a more prosperous life. Another example would be on how countries are trying to eliminate tariffs in order to make things more affordable and accessible. In 16 Asia Pacific countries their trade ministers agreed to eliminate tariffs on at least 80 percent of their import goods. They are hoping to achieve this number in the next 10 years but right now are looking at eliminating them by 65 percent. With no tariffs that results in lower prices for consumers and more goods being imported, therefore creating a more affordable and more sustainable life for all people.
The spread of culture and knowledge of other countries is a huge factor in creating a sustainable prosperity for all people. Many people do not realize the amount of countries that do
A major factor that has contributed to creating sustainable prosperity for all people is the trade market that has been developed between many countries. With many businesses placing their corporations around the world this creates competition for those who are trying to sell the same products. That means that they will lower the prices in order for people to …show more content…
This also creates job opportunities in places like for example manufacturing plants, some do not even require a high education and that gives people who may not have been able to afford school an opportunity to make money and have a fixed income. That then leads to people and families getting out of poverty and having a more prosperous life. Another example would be on how countries are trying to eliminate tariffs in order to make things more affordable and accessible. In 16 Asia Pacific countries their trade ministers agreed to eliminate tariffs on at least 80 percent of their import goods. They are hoping to achieve this number in the next 10 years but right now are looking at eliminating them by 65 percent. With no tariffs that results in lower prices for consumers and more goods being imported, therefore creating a more affordable and more sustainable life for all people.
The spread of culture and knowledge of other countries is a huge factor in creating a sustainable prosperity for all people. Many people do not realize the amount of countries that do