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What is the role of globalization in perpetuating economic inequality on a global scale?

Nasir Lande

Globalization is when countries all over the world become connected and share ideas and products with each other. It can be a good thing because it helps people learn from each other and can make things more affordable. But sometimes, globalization can also make things unfair for some people.

When rich countries connect with poor countries, sometimes the rich countries take advantage of the poor countries. They might take their resources for cheap or make products in the poor countries for less money than they would in their own country. This means that the poor countries don't get as much money for their resources or work, and it can make the rich countries even richer.

This isn't fair because it makes the rich countries even richer, and the poor countries even poorer. It's like playing a game where one person has all the advantages, and the other person has none.

Another way that globalization can make things unfair is by creating jobs in some places, but taking away jobs in other places. For example, if a big company moves its factory to a poor country where they can pay workers less money, it might be good for the people who get those jobs. But it can be bad for the people who used to have those jobs in the rich countries.

So, to sum up, globalization can sometimes make things unfair because it can give some countries more advantages than others. This can lead to economic inequality, which means that some people have more money and opportunities than others. We need to be careful to make sure that we are being fair to everyone, no matter where they live or what resources they have.