How does industrialization in poor nations reduce inequality between nations?
Paper instructions
Essay assignment 13: Answer any two questions from the list below. The answer to each of the two questions should be one paragraph in length.
1. In your own words, briefly explain Weber’s theory about why capitalism developed among Calvinists in Northern Europe and colonial America.
2. Why is Firebaugh not convinced by cultural explanations for income inequality across the world?
3. One reason for the recent decline in between-nation income inequality is the spread of industrialization in poor nations. How does industrialization in poor nations reduce inequality between nations?
4. One reason for the recent increase in within-nation income inequality is the rise of the service sector in high-income and upper-middle-income nations. Why would income inequality increase within nations that transition from an economy based on manufacturing to an economy based on services?
5. How might technologies that reduce the cost of communication and transportation increase inequality within nations and decrease inequality between nations?
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APA
309 words