QuestionQuestion

Is Globalization the answer to income growth and poverty reduction?

In your opinion has globalization reduced poverty? Provide examples of globalization in the U.S. and how it has negatively or positively impacted poverty in the inner city and rural areas?

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Globalization refers to the process of opening the economies and reducing trade barriers so that the companies in the economy compete on a global scale. In my opinion, this process is expected to reduce poverty as it creates enhanced avenues for the employees and residents to look for jobs and earn income....
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