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Developing nations experience an improved general style of living thanks to globalization. According to the World Bank, extreme poverty decreased by 35% since 1990. Later, the target of the first Millennium Development Goal was to cut the 1990 poverty rate in half by 2015.
Higher Standards of Living Across the Globe
Developing nations experience an improved standard of living—thanks to globalization. According to the World Bank, extreme poverty decreased by 35% since 1990. Further, the target of the first Millennium Development Goal was to cut the 1990 poverty rate in half by 2015.

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