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:
“Let us learn to live coarsely, dress plainly, and lie hard. The least habit of dominion over the palate has certain good effects not easily estimated.”
—Ralph Waldo Emerson (1803–1882)
“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 about—recruitment, 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)
“Each of us, even the lowliest and most insignificant among us, was uprooted from his innermost existence by the almost constant volcanic upheavals visited upon our European soil and, as one of countless human beings, I can’t claim any special place for myself except that, as an Austrian, a Jew, writer, humanist and pacifist, I have always been precisely in those places where the effects of the thrusts were most violent.”
—Stefan Zweig (18811942)