The global food market has been a major factor in supporting rapid population gr

Question

The global food market has been a major factor in supporting rapid population growth in areas which have limited food-production capacities. By providing relatively low-cost food, it has enabled rapid population expansion in areas with high rates of poverty, illiteracy, and other factors which would normally limit growth. The effect here is that we are fostering poverty on an ever-increasing scale, creating populations who are driven by short-term situational economics rather than the long-term interests of their societies. In the end, we are creating vast populations of such limited resources that they will starve for a lack of food the next time that there is a major drop in food production. Mass starvation is broadly viewed as a bad thing. Critique the flaws in the system which contribute to this.

Explanation / Answer

The worldwide global food market has reached to a stage wherein every poor individual can maintain and make their living however there are some flaws in this strategy which are described below:

1) Human beings are addicted and depending on others to make their food.

2) Companies face a whole lot more competition. This can put smaller groups, at a disadvantage as they do no longer have assets to compete at global scale.

3) Exploitation of Underdeveloped Countries:Multinational Corporations (MNCs), based totally in advanced nations, buy at decrease rates the raw materials from backward countries, technique them of their very own countries and sell the synthetic goods with massive profit in backward international locations.

4) Increase in Unemployment:The MNCs hire machines to reduce the quantity of employees: they're capital intensive instead hard work. Further, the governments of developing nations have started withdrawing investment from industries inside the public area. All this has led to massive unemployment in those nations.

5) Widening of Rich-poor Gap:Globalization brings advantages to the rich who are small in wide variety and continues the sizeable majority of humans in poverty and misery. It is a game of winners and losers. Those who are already wealthy achieve taking gain of privatization whilst the negative and susceptible are doomed to suffer.

6) Harmful Effects of Consumerism:Globalization produces consumerism. People being attracted by means of attractive goods and advertisements, need to buy those items. They could now not hesitate to earn cash for this via unfair means. This has led to great boom in corruption and different social evils.

7) Destructive of Environment:Globalization might smash environment. In the name of financial improvement, environment is blindly destroyed.

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