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Globalization Does it facilitate or damage the World’s underprivileged

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…………………………………………………………………………………….14 Research Hypotheses………………………………………………………………………………………………………14 Chapter 2 Literature Review…………………………………………………………………………………15 Chapter 3 Theoretical Framework…………………………………………………………….. 29 Chapter 4 Research Methodology…………………………………………………………………………………….34 Chapter 5 Research Findings…………………………………………………………………………………………..38 Chapter 6 Summary, Conclusion and Suggestions………………………………………………………………45 References……………………………………………………………………………………………………………………..52 Abstract: The present research aims to explore the impact of the fast and miraculous advancements on the individual and collective life and activities of the people belonging to the third world state of Bangladesh in the wake of the advent of globalisation phenomenon by the end of twentieth century. One of the most imperative reasons behind exploring the above-described phenomenon includes the unearthing of negative and destructive effects of globalisation on the social, financial and cultural activities of the people living in various parts of the third world, along with estimating the positive and constructive alterations globalisation phenomenon has introduced in the poor and backward states. It is pertinently claimed that though globalisation has paved the way towards the progress and prosperity of the developed and established countries in an astounding manner, an overwhelming majority of the underprivileged states have not made any noteworthy development in the wake of the globalisation altogether. On the contrary, the poor states have turned out to be poorer and poorer with the passage of time because it is the great states that have taken the lion’s share out of the blessings and benefits globalisation has offered the world populations at large. The study has been supported with the Theory of Leisure Class devised by Thorstein Veblen (1912), Social Stratification Theory articulated by Davis amp. More (1945), and the Marxist Perspective—all these theoretical frameworks elucidate the existence of social classes in various zones of the globe since ever, and endorse the exploitation of the unprivileged ones at the hands of the privileged groups and communities of society. The following hypotheses have been developed for the present study: A). The intensification of globalisation (independent variable) damages the World’s underprivileged (dependent variable). B). The proliferation of globalisation (independent variable) facilitate the World’s underprivileged (dependent variable). The researcher has selected Dhaka City as the population for conducting the present study. Ninety respondents, representing divergent communities, social statuses, income levels and age-groups, have been selected as the units of analysis for the research process. The respondents have been taken from the age group between 20 and 60 years. The main purpose behind selecting the afore-mentioned age groups is due to the very fact that mostly the individuals from third world are active in their professional life during the above-mentioned