Globalization affects lives in developed countries
Title: Globalization affects lives in developed countries
Category: /Business & Economy
Details: Words: 1642 | Pages: 6 (approximately 235 words/page)
Globalization affects lives in developed countries
Category: /Business & Economy
Details: Words: 1642 | Pages: 6 (approximately 235 words/page)
Globalization is the process constructing a common, worldwide economy and set of unifying political, economical, and legal principles by destroying barriers1 that have made each country different.
Ideally, globalization does not negatively affect a nation's culture and traditions. However, the costs of political and economic reorganization on local economies, human welfare, and environment are the focuses of a debate among international organizations and governments.
Openness to trade and investment promotes development and higher incomes, which
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Over People." The Economist. 18 August 2002.
2. "A Quick Guide to the World History of Globalization." International Studies
Association. 2000. www.sas.upenn.edu/~dludden/global1.html\
3. Dobbs, Lou. Exporting America: Why Corporate Greed is Shipping American Jobs
Overseas. Warner Books. 2004, p 41-42
4. Dobbs, Lou. Exporting America: Why Corporate Greed is Shipping American Jobs
Overseas. Warner Books. 2004, p.50
5. "A Quick Guide to the World History of Globalization." International Studies
Association. 2000. www.sas.upenn.edu/~dludden/global1.html\tr3.\