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    What are LDC’s? LDC’s also known as the least developed countries for example, Somalia, Afghanistan, Haiti and many more. A country is classified among the Least Developed Countries if it meets three criteria 1. Poverty – adjustable criterion based on GNI per capita averaged over three years. 2. Economic vulnerability (based on instability of agricultural production, instability of exports of goods and services, economic importance of non-traditional activities, merchandise export concentration…

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    Globalisation that is growing fast since the 1990’s and its results can be divided into two: while there is a dependent society and economy, also there is a gap that is growing between the inequivalent classes of society. Referring to Şerife Güneş, there’s an inequivalance that is getting bigger between the North and South countries. Considering that inequal developments between North and South, this division can be seen in today’s cities of Turkey: especially İstanbul and Ankara, which are…

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    following the Great Depression as export-oriented, Latin America, fell victim to global pricing. The overall exploitation and expansion of market capitalism, utilizing cheap labor and resources in infantile economies to continue to build strength in developed countries in Europe and the West, Latin America is highlighted and studied as the model for dependency theories up through the 20th century. Economic structures in Latin America saw overall growth and attention provided to the masses in…

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    Discussion #1 – PAT, chapter 12, and PHUS, chapters 11 and 13 What does Zinn mean by referring to industrialists like Andrew Carnegie and John D. Rockefeller as “robber barons”? What did they do to deserve that name? Why do Schweikart and Allen refer to them as “titans of industry”? What good do they think Rockefeller and Carnegie did? Zinn allots them the name “robber barons,” a negative name, because the two made secret, possibly illegal deals to crush competition, heightened prices but,…

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    As soon as we came to this earth, we were all born equal because we were all innocent at the time. We had no sense of the world or the people around us in those first moments in the delivery room. Throughout the years of living, we began to develop an identity when we are exposed to a culture. Socialization is important to us because it helps shape one’s personality. Even though our genes give us a certain type of personality, the socialization process is what helps us form as a person in a…

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    Adidas is a well known multinational corporation that designs and manufactures sports shoes, clothing and many other accessories. They are currently the largest sportswear brand in Europe and the second largest in the world, only behind Nike. Adidas strives to be the best, by making the finest quality apparel with the most comfort, aiming to help athletes, as well as regular people perform at their highest potential. Adidas currently employs over 55,000 people in over 160 countries, producing…

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    Globalization, the procedure by which human social orders have become progressively associated, rising above geographic, financial, political, and social obstructions. All the more for the most part, globalization includes the overall stream of capital, thoughts, and data made conceivable through the ascent of present day innovation and the broad communications, including the Web. Globalization has brought an overwhelmingly positive effect on most nations as far as economy, society and…

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    includes low cost or even free female contraception. Birth control can be quite effective in limiting pregnancy and treating many disorders, but is it also can be a financial burden because of its high price (Sriram). Even so, most women who live in developed countries desire to use contraception, more specifically in the United States, where “99% of teenagers and women aged 15 to 44 have used contraception” (Sriram). Previously, affording birth control was challenging for Americans prior to the…

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    What is your evaluation of the women’s apparel industry and Harrington’s market position? The US women’s apparel industry, in 2007, was highly mature and competitive and consumers were price sensitive. Half of the apparels were sold on sale. The short lived fashion was challenging for the industry. So the apparels differentiated each other on the basis of 1. Fabrication (patterns) 2. Silhouette (outlines) 3. Quality 4. Brand 5. Price Brands were in a great competition to increase their market…

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    Sweatshops are defined as a shop or factory in which employees work for long hours at low wages and under unhealthy conditions (Merriam Webster). 1.3 million children aged 5-17 in Bangladesh are engaged in hazardous labour. Children and adults alike are given no choice but to work in unethical factories creating clothing for large international corporations. Developing countries such as India, Bangladesh and China are found with countless amounts of sweatshops. Sweatshops are unjust and…

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