... global economic system. Due to the independent patterns of development of different nations and other capitalist structures, the location of natural resources, where these resources are transformed for further use, and where they are consumed do not coincide. To better understand this concept it would beneficial to realize that large industries build their plants in, generally, smaller and less developed nations ... in order to take advantage of cheaper labour and other manufacturing costs. Third World nations often openly invite these corporations so that they can produce jobs for their...

• Word Count: 2066
• Approx Pages: 8