It was, as well, the only possibility for many countries to improve their economy: especially in Latin America, where Mexico just stopped refunding its debt because it couldn't pay anymore. ... For example, we can see in England and in America as well, that the differences in income between upper and lower social layers are larger than they have ever been since collection of income distribution statistics began at the end of the nineteenth century. ... Two third of the African countries depend on exportation but the problem is that their economy is usually based on one or two raw materi...

• Word Count: 6472
• Approx Pages: 26
• Has Bibliography
• Grade Level: Undergraduate