of the movement. Archived from the original on Retrieved 27 September 2007. The fair trade movement has reached.6 billion US dollars in annual sales. In China, the rate declined from 20 to 15 percent and in Bangladesh the rate dropped from 43 to 36 percent.
Globalization has grown due to advances in transportation and communication technology. Economic globalization is one of the three main dimensions of globalization commonly found in academic literature, with the two others being political globalization and cultural globalization, as well as the general term of globalization. The, development, research Centre on Migration, Globalisation and, poverty. According to the World Bank, as many as half of the worlds six billion inhabitants live on the equivalent of less than 2 per day, and about one-fourth of the world lives on the equivalent of less than.25 per day (Chen Ravallion, 2008).
The Sociology of Globalization. Retrieved Pavcnik, Nina; Pavcnik, Nina (September 2005). In Defense of Globalization. 43 Mistreatment edit Corporations set their place of production usually in areas with little to no labor regulations, and as a result low labor cost occurs. Joshi, Rakesh Mohan (2009).