Assignment:
It has accounted for the development of South Korea, China, India and Brazil is honestly more so their trading. When I go shopping, I notice that a majority of our products are made in other countries, many made in China and India. They work with the U.S. and the U.S. works with them because it is cheaper for us to make these products over seas because of the low labor costs.
For example, if you look at some of the things we buy, T-shirts, cell phones or even care parts, a lot of these companies who make these things, branched out overseas in order to make these products cheaper. When large companies branch over to other countries, it opens up new employment opportunities for people of these countries.
It gives more opportunity for people to have jobs and gives the country an opportunity to grow as a whole. They have established themselves in the trade system and are able to sell their products to not only the United States but in their own country as well. These countries established themselves and work within other companies to help come up with new products.
For example, all of the different technological advances now. Without technology in today's day and age, our country wouldn't even be what it is. With the technological advances, it has pushed countries to be up on current events and they are now able to compete with countries who are more well developed.