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Over the years, many developed nations have sent vast sums of money to poor and developing nations with the goal of alleviating poverty, improving health and education, and promoting economic development. Although the act of one nation giving another nation financial aid in order to help that nation is an admirable cause, and has been met with some success, in many cases this aid has been improperly administered, and has even caused unintended, counterproductive consequences. Trillions of dollars in foreign aid has been sent to poor and developing nations over the years to help them improve their situations. However, this...

Capitalism has been rightly criticized for creating inequality and encouraging greedy and selfish behavior. The rapid expansion of capitalism in the nineteenth century due to the Industrial Revolution brought with it profound changes to the world. Machines were now able to do large amounts of work that skilled tradespeople had been doing by hand for centuries. The result of this was the development of large factories in major cities that employed large workforces of people to operate the equipment. During this time wages were low and working conditions were very poor, and employees had few (if any) rights. Workers in...

We now live in an age where international organizations have become prominent, playing an active role in many areas on the world stage. In the decades following the conclusion of the Second World War in 1945, many new international organizations were established or updated with a variety of different objectives. These included promoting peace, fostering economic development, managing disputes among nations, and dramatically strengthening international law. Some of the most visible of these international organizations include the United Nations (UN), the World Trade Organization (WTO), the International Criminal Court (ICC), the World Health Organization (WHO), the World Bank, the International...

It can be best stated that free trade provides the most benefits and stability to a nation’s economy over the long term. The vast majority of mainstream economists agree that this is the case, with many of them rejecting protectionist policies. Still, many people have blamed free trade policies for causing the loss of jobs in certain industries and for allowing companies to relocate overseas to better take advantage of cheap labor costs. While there is truth to these criticisms, countries that have implemented free trade policies have mostly seen tremendous economic growth, which has lifted millions of their citizens out...

In the complex field of international relations, the concept of polarity refers to the current power structure of nations on the international stage. There are three types of polarity systems: unipolarity, bipolarity, and multipolarity. Here is a simple definition of each of the terms: Unipolarity - a system in where a single nation holds dominance over much of the world; the United States found itself in this position after the Cold War, when the Soviet Union collapsed Bipolarity - an international system where two nations hold dominance over much of the world; this was the situation during the Cold War, when the...