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:
“One of the effects of a safe and civilised life is an immense oversensitiveness which makes all the primary emotions somewhat disgusting. Generosity is as painful as meanness, gratitude as hateful as ingratitude.”
—George Orwell (1903–1950)
“Upon the whole, necessity is something, that exists in the mind, not in objects; nor is it possible for us ever to form the most distant idea of it, consider’d as a quality in bodies. Either we have no idea of necessity, or necessity is nothing but that determination of thought to pass from cause to effects and effects to causes, according to their experienc’d union.”
—David Hume (1711–1776)
“to become a pimp
Or deal in fake jewelry or ruin a fine tenor voice
For effects that bring down the house could happen to all
But the best and the worst of us . . .”
—W.H. (Wystan Hugh)