3. What is Meant by the North-South Divide? Discuss the Role of MNCs, TNCs, and IFIs in Economic Globalisation.
Introduction The North-South Divide is a term used to describe the economic and political differences between developed nations (Global North) and developing or underdeveloped nations (Global South). It highlights disparities in income, industrialization, technological advancements, and living standards. While the Global North consists of industrialized countries like the U.S., Canada, and European nations, the Global […]