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International Business: The Main Element for Economic Growth in Developing Countries Quyumba Wilson
1. International Business: The Main Element for Economic
Growth in Developing Countries Quyumba Wilson
Today enterprise rise above a country's frontier. Based On The World Atlas, there are roughly 190
nations inside the entire world. So, why entrepreneurs would control themselves to generate
enterprise in only one state? You will find 189 more countries that will work using them. In the
present, we livein a globalized environment, and trading services and products with a different
country is relatively simple. Generating business globally determine the economy of rich countries
and is the factor which makes developing countries to experience a large growth.
I am from El Salvador, a little country from Central America. I am majoring in International
Company at North Central College. In the foreseeable future, I do want to help my nation to
cultivate, to become better economically and socially. That's why I am in the United States. First, I
do want to get a wonderful training, gain experience, designed communities with people around the
world and develop business ideas.
In my opinion that developing nations need excellent economic opportunities to develop. Thus, they
want entrepreneurs who is able to produce those possibilities true Quyumba Wilson. Nations could
have great resources, and hardworking people, anything they should make corporations. However, it
will take an individual who is willing to take a small danger to be able to invest in a company project
beyond your region.
Many countries in Latin America count in agriculture. In El Salvador, according to the BCIE (Banco
Centroamericano de Integracion Economica), 74.9% of the sum total territory is used for agriculture,
and 21.3% of the labor force is dedicated to agriculture. El Salvador counts with some people that
have the want to succeed and are focused on work hard. Nowadays you will find those who ship
coffee, cotton, sugar, and cocoa. However, it's necessary to mention that developing countries must
enhancement enterprise in areas. They depend, in a large level, inside their limited resources. As a
way to fully agree to an economic growth, folks have to get many other fields of economy they can
offer abroad. Tradition might be an essential factor to create services and products special, and
therefore, distinctive from different countries. We could consider the economy inside the U.S., and
realize that they have business in several areas: food, fashion, electronics, vehicles, and many
others.
I've to admit that I respect those entrepreneurs from El Salvador. Right now, the biggest
corporations exist in Central America and some of them reach The United States. A few of the
biggest organizations that are worth to say are: TACA, that will be an airline that's alliances with
Avianca Airlines, and together, they trip to 100 unique locations around America, and Europe. El
Volcn, which can be another large organization, is dedicated to move coffee to a lot of countries in
2. Asia, Europe, and America. Another organization that has branches outside El Salvador is SIMAN, a
department store, with spots in Central America.
Each one of these organizations are fantastic examples for entrepreneurs in El Salvador. They've
made thousands of careers and they make a large contribution for the region's economy.
I would like to discover more Salvadorian items in The Usa, along with the entire world as well.
People from developing countries need to help nationwide organizations: getting from them,
investing in them, and helping to make connecting them with foreign countries Quyumba Wilson.
Furthermore, individuals from developed countries are essential to produce company from these
places greater. Without the assistance from huge countries, small companies should never be
planning to find their way out from their countries' frontiers.
Today, I'm here, their studies at North Central Faculty together with the purpose of preparing
myself. Thus, oneday later on I could give rise to my nation with job openings and delivering income
through global firms. You'll find a lot of opportunities worldwide, that we can't allow ourselves to
become thin inside our goals. We, the entrepreneurs, need to set our thoughts faraway, and also
have the very best interest to aid our society. I hope that, sometime later on, El Salvador will soon be
recognized for all services and products round the phrase, which is often identified with our culture
Quyumba Wilson.
Should you ever are able of supporting an entrepreneur from a developing country or foster
entrepreneurship in those nations, do not doubt it. You will not just be supporting see your face to
accomplish their dreams; but additionally you will be serving food in the house of numerous workers
who will be determined by that organization, you'll be encouraging young adults from those nations
to pursue their dreams and you will are able to become better off also.