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Word Count: 2,382
It is sometimes said that the widening gap between the rich and the poor is due to the fact that capital is so easily shifted around the globe while labor bound to family and place is not But there is nothing natural about this Human beings after all have wandered the earth for ages - crossing oceans and continents in search of food land and adventure - whereas a factory shipyard or office building once built is almost impossible to move in a cost effective wayIn the decades following World War II many Latin American countries were involved in Import-Substituting Industrialization ISI to be self-sufficient and maintain their nationalism The decision to adopt aggressive programs of ISI benefited these countries and their citizens in some aspects By industrializing these countries could reduce their dependence on expensive imported manufactures ISI programs allowed individual nations to reduce imports of consumer goods with high import duties while promoting expansion of domestic companies to produce these goods Expansion of these companies meant that more jobs would be opened for citizens and essentialities became cheaper benefiting the nation as a whileLater when Multinational Corporations MNCs were brought into the picture the fixed and immobile long-term investments increased capital flow into the countries - promoting growth and a sense of stability A company could not just pick up and return home leaving a country destitute and lacking resources to grow Along with the profitable businesses introduced to the country these industries brought with them new technologies Citizens of the country were encouraged to take advantage of training including taking classes on managerial skills and other trainingBecause these MNCs provided long term growth for these countries because short term quick-fix economic plans only solved debt problems temporarily many countries were given the option to benefit from these companies that came over assigned to a role of capitalist development through a program of economic and social engineeringBut how is it that one country
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