Capitalism and Workers, Part VI. Some countries from America (except United States and Canada) and Asia who hadn´t been affected by the First World War were economically benefits because they could su

José Alberto

Capitalism and Workers, Part VI. Some countries from America (except United States and Canada) and Asia who hadn´t been affected by the First World War were economically benefits because they could support their economy in exportations. The new economic capacity provoked that capitalists quickly moved their money from industrialized to emerging countries. Taking advantage of the European condition, emerging countries had decided grown based in commodities exportations to support the European reconstruction and to supply the deficiency of foods. The majority of emerging countries focused in receive capitals to support their new economic strategy. However, they changed some national regulations to allow foreign investment but they didn´t put attention in labor laws and the majority of workers didn´t receive economic benefit of the new economic model. The economic model based in exportation maximized the economy on emerging countries but with detriment in the labor condition. Another repercussion related to the economy grown based in exportations was that capitalists identified economic areas with great benefit to export commodities to industrialized countries. They quickly invested their money to monopolize that economic areas. The condition generated that some strategic areas in emerging countries were controlled by foreign capital. Again, the model initially was designed to equilibrate emerging and industrialized countries, however capitalist took advantage in their economic benefit. To finish today, I need to say that economic interrelation has existed since many years. However, in the economic field in this period something interesting happens. The world economy suffered their first world economic crisis, the Great Depression. Saludos desde Mexico.

Mar 28, 2015 12:26 PM

Corrections · 5

Capitalism and Workers, Part VI.

Some countries from America (except United States and Canada) and Asia who hadn´t been affected by the First World War were economically benefited because they could improve their economy by increasing exports. The new economic capacity provoked that capitalists to quickly move their money from industrialized to emerging countries.

Taking advantage of the European condition, emerging countries had decided to increase commodities exports to support the European reconstruction and to supply foodstuffs. The majority of emerging countries focused on receiving capital to support their new economic strategy. However, they changed some national regulations to allow foreign investment but they didn´t pay attention to labor laws and the majority of workers didn´t receive economic benefit from the new economic model. The economic model based on exports maximized the economy in emerging countries but with detriment to the labor condition.

Another repercussion related to this economy based on exports was that capitalists identified economic areas with great benefit to export commodities to industrialized countries. <em>No entiendo pero quizás es el tema. La última oración, usas las preposiciones correctamente, por lo menos</em>

They quickly invested their money to monopolize those economic areas. The situation arose that some strategic areas in emerging countries became controlled by foreign capital. Again, the model initially was designed to equilibrate emerging and industrialized countries, however capitalists found hidden advantages and thus increased their economic benefit.

To finish today, I need to say that economic interrelation has existed for many years. However, in the economic field in this period something interesting happened. The world economy suffered its first world economic crisis, the Great Depression.

Saludos desde Mexico.