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Q.

The ____  in developing nations has improved due to globalization.


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Detailed Solution

The standard of living in developing nations has improved due to globalization. According to the World Bank, poverty has decreased by 35% since 1990. The Millennium Development Goal (MDG) to reduce the 1990 poverty rate in half was achieved in 2015. It was accomplished five years before its estimated time, in 2010. There have been nearly one billion global poverty reduction successes since then. Knowledge and technical improvements spread swiftly because many nations are continually connected.
 
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