Question

Explain with examples the statement that many developing nations are subject to dominance, dependence , and vulnerability in their relations with rich nations, and also explain in many ways in which developing countries differ in their economic , social and political structures

Answer 1

Developing nations should depend on rich nations because they dont have the sufficient money and development for growth in their economy. So they depend on rich nations which have technology money and large infrastrutures. These developed nations will invest in this developing countries and create income for that country.

The main problem comes here where these companies which are investing in these country try to exploit their resources by making the government to reduce taxes and they employ workers at very low wages. These companies try to avoid paying taxes by making the government to have no other choice rather than accepting their demands which the people may not like.

Ex: India, Argentina, mexico, South Africa etc.