International development

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International development
The period between the 1940’s to the 1970’s saw the unlocking of numerous development puzzles in various parts of the world as a result of colonization. This was also the post WWII period that saw the rise of the nations that had been affected by the war to develop their infrastructure and property that had been destroyed by the war. Colonization contributed a great deal to development during this period because of division of labor. For a long time, now, most people have only focused on the negative side of colonialism mainly because of the suffering that the countries that were colonized faced. However, there was also a positive side to colonialism as the period during and immediately after colonialism promoted development in a linear fashion with individual societies trying to improve their living standard through various developmental activities.
The aspect of national development to globalization is as a result of the promotion of trade among different countries that wish to engage in import or export business. Globalization was found to offer some solutions to developmental problems that individual nations could not solve on their own. Globalization offers countries the opportunities to contribute to the creation of wealth through access to new technologies, gaining new ideas, sharing information and adopting new institutional designs. However, on the flip side, globalization can also contribute to the p…