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:
“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)
“If I had any doubts at all about the justice of my dislike for Shakespeare, that doubt vanished completely. What a crude, immoral, vulgar, and senseless work Hamlet is. The whole thing is based on pagan vengeance; the only aim is to gather together as many effects as possible; there is no rhyme or reason about it.”
—Leo Tolstoy (1828–1910)
“Society’s double behavioral standard for women and for men is, in fact, a more effective deterrent than economic discrimination because it is more insidious, less tangible. Economic disadvantages involve ascertainable amounts, but the very nature of societal value judgments makes them harder to define, their effects harder to relate.”
—Anne Tucker (b. 1945)