Effects
A disadvantage to core nations is to remain a member of the core grouping, the government must retain or create new policies that encourage investments to keep in their country and not relocate. This can make it difficult for governments to change national standards that may sacrifice high profits.
An example of a change that capitalism does not favor is the abolition of slavery. During the early industrialization and growth of America, exports produced by slaves played a huge role in making businesses the most profit. Such movements to abolish slavery and spread equality caused an internal war within America.
Read more about this topic: Core Countries
Famous quotes containing the word effects:
“The hippie is the scion of surplus value. The dropout can only claim sanctity in a society which offers something to be dropped out ofcareer, ambition, conspicuous consumption. The effects of hippie sanctimony can only be felt in the context of others who plunder his lifestyle for what they find good or profitable, a process known as rip-off by the hippie, who will not see how savagely he has pillaged intricate and demanding civilizations for his own parodic lifestyle.”
—Germaine Greer (b. 1939)
“Some of the greatest and most lasting effects of genuine oratory have gone forth from secluded lecture desks into the hearts of quiet groups of students.”
—Woodrow Wilson (18561924)
“Corporate America will likely be motivated to support child care when it can be shown to have positive effects on that which management is concerned aboutrecruitment, retention and productivity. Indeed, employers relate to child care as a way to provide growth fostering environments for young managers.”
—Dana E. Friedman (20th century)