I just need each of the questions answered in 60 words. Last question needs 150 words.1. Do you agree or disagree that Third World industrialization and trade should be guided by Rostow’s early modernization theory? Explain.2.Should water be privatized in Third World countries? Explain.3.Why do you think U.S. companies (such as Nike Inc. or Ford Motor Company) operate production factories in Third World countries?4.How do these factories benefit Third World countries? how do they hurt these countries? Make sure to consider explicitly issues of industrialization, international trade, and national sovereignty.