A former Chancellor of the United Kingdom had stated that if our economies are to grow and strive doing it then the poverty level should be almost non-existent “Global Poverty is to be banished.” (Gordon Brown) Globalization has been a great contribution to the sustainable prosperity of most people.
There are many ways that globalization has started to contribute to the prosperity of people by sharing the product ideas and opening the trade amongst many different countries, there are a few way that people can cut down on the poverty level in developing and under-developed countries by increasing the statistics of these transnational companies that are competing for the sales of exact products. There are two different perspectives that can be taken the first one is from the consumer side. From the consumer perspective this respectable because it can lead to prices of goods to drop substantially and the quality of the product to increase this is one of the main ways that business to gain more consumer traffic. This is one can be a benefit for people whose incomes are lower so they can afford to go and buy these goods while also making their money last longer so they can buy more essentials. Many governments limits this by putting tariffs on the cheaper items from foreign companies so that consumers buy local products so these companies don’t go out of business, they do this so foreign companies do not end up being in control of the global economic market. Globalization also helps to benefit by opening up the trade with many different countries which gives consumers more of the power and responsibility to be in charge of what is being manufacturing and why.
Globalization contributes to the sustainable prosperity by giving understanding of what some technologies can help to achieve a more substantial way of life. This can help bring down

Many countries are a great example of the sustainable prosperity of many people. Without globalization countries like China and Japan wouldn’t have rose out of poverty and to become some of the world’s top successful economies. After world war two Japan had resorted to making and the selling clothing to earn their livelihood and because this was such a great success, just shortly after they eventually moved on to manufacturing more products and using more technology advanced machines. To make these products and distribute them all over the world they started using transportation devices like cars and the internet. Many of these multinational