This group of unemployed skilled labor although considered cheap to hire by these countries are benefited by the boom of opportunities provided by the outsourcing nations. Necessity of jobs or employment is cut short in India and China and the decreasing number of unemployment directly impacts the growth of the nation. The skill sets are properly utilized and people are provided with an opportunity to grow out and explore and expand. Expansion may vary from their skills to their very lifestyle and livelihood. Beneficiaries of outsourcing.
These advances have not only increased employment but also created different industries as a result. This is one of the reasons that technology is so significant to economic growth. ICT have also inspired other establishment of a global market that didn’t exist before. Through the online marketplace citizens and businesses of all countries/world you can buy and sell goods to anyone in minutes; by doing so it increase the economy’s trade exchange. This digital global marketplace connects individuals in fulfilling their needs and also becoming part of the foreign exchange market; transferring money from one currency to another through online payment services.
The lack of development in Philippines causes a domino effect for the public as the government is unable to support its nation. The philippines now face low standard of living and high unemployment rate. The effects of the lack of development in Philippines effects all different groups of people and also leaving a large income gap between them. The skilled doctors are unable to properly practice as they are not provided proper utensils and opportunities to learn, in return the patients in need of treatment are unable to receive the health care they require as all the skilled doctors have migrated away for better opportunities. As the number of medical professionals in the Philippines decreases, so has the local wage rate.
This, in turn, makes small businesses grow, for which they often need to hire more people to serve their new found customers. Immigration makes us less globally isolated. Unlike people living in most European countries, Americans rarely travel
Because, he is not here only to violate and consume all the natural resources for his own peaceful and luxurious life but it is more than mandatory for him to wisely utilize and save resources for upcoming generations along with peaceful environment. If truth be spoken, the one who wants to become an effective global citizens people, then he must have these characteristics; flexible, creative and pro-active. What I mean that each individual need to work hard for effective global citizenship. In addition, people can solve problems, make decisions, think critically, communicate effectively within
Known as “export-import”, this kind of activity brings a lot of benefits of the countries that are getting involved such as access to technology, health, and education. Developing countries can actually follow this method to improve their countries. Thus, “developing countries should be more globalized by doing export and import activity due to access to technology, health, and education”. As mentioned above, technology is one of the perks a developing country
They need a job in order to make money and they need healthy life in order to maintain their lives. In many countries or cities, these conditions are not convenient because of being undeveloped. As a result, people start to look other ways to find available conditions. The most significant way is immigration. Immigration which is a widespread issue for countries or cities, occurs due to the reason that are
We are moving toward the fourth industrial revolution (4IR) that is being embedded in the societies and even in human body. In Pakistan, if we observe, we still lag behind decades to have a developed digital and technological system because, first we must learn to use the technology affirmatively. It is a waste of technology that we instead of using technology for overall social and economic benefit use it for social, moral and economic corruption. We are a society, where moral deficit is on the rise. So before creating the full technology hub in the country, we need to prepare our generation to be positively ready for these changes so that we can contribute efficiently to the overall development and national
In the past, many people traveled over the world with a few reasons such as business, visiting relatives and experiencing something new. Traveling to other countries is not the biggest part of their life. However, as people have much interest in their leisure and spending quality time, there are many reasons to travel abroad. Shopping, one part of the tourism, has a great deal of weight. In this point, it is necessary for devising the marketing strategy of goods and services improvement as well as making the highest satisfaction of consumer to study on the trend of shopping style by each customer which came from.
Stricken with problems, Philippines, has one of the lowest rate of escaping the clutches of poverty. Poverty is the biggest challenge Philippines are going through. All these problems and issues with poverty is what caught the attention of the United Nations. The United Nations are trying to alleviate all the difficult situations occurring in the Philippines. The UN organizations are making their move because one of their Sustainable Development Goal is to end poverty.