0
Why does globalization and increasing independence pose a risk to the global economy?
As the world seems to grow smaller, nation have a greater influence on each other.hundred of u.s. factories have closed or laid off workers because products are being made abroad are being purchsed in large quantitis by u.s. consumers.
Add your answer:
Earn +20 pts
What is the interdependence of the global economy generally called?
globalization
What is the movement from many local economies to one global economy is called?
globalization.
How should unions deal with increasing globalization of business?
How should the union movement respond structurally to the increasing globalization of business?
What is globalization and how does it affect the American economy?
Its the economy going ever more global. It means American businesses have to work on the global market rather than just the American one.
Increasing specialization within the global economy depends in what?
International trade Apx
What is the interdependence of the global economy generally called?
globalization
What is the definition of global independence?
Global independence is the right of nations to maintain their own sovereignty. It is the opposite of global interdependence, and therefore is being threatened by globalization.
Why do globalization and increasing interdependence pose risks to the global economy?
Globalization and increasing interdependence can pose risks to the global economy by creating vulnerabilities to economic shocks and crises that can spread quickly across countries. This interconnectedness can lead to contagion effects, where problems in one part of the world can rapidly affect others. Additionally, unequal distribution of benefits from globalization can exacerbate income inequality and social tensions, potentially leading to political instability.
What is the movement from many local economies to one global economy is called?
globalization.
How should unions deal with increasing globalization of business?
How should the union movement respond structurally to the increasing globalization of business?
Define globalizationhow has it helped the Indian economy?
Globalization has helped the Indian economy by helping it to identify its weaknesses, such as a lack of infrastructure, so that it can fix these problems and become full participants in the global marketplace. Globalization brought India the technology that it needed to compete in the global marketplace.
What is globalization and how does it affect the American economy?
Its the economy going ever more global. It means American businesses have to work on the global market rather than just the American one.
Increasing specialization within the global economy depends in what?
International trade Apx
Why is a global economy important?
Global economy for sure is really important. Each country's economic interact with each other especially for those join in World trade organize. Globalization has become a trend for different countries with economic growth and technology advanced developed. Even our daily life is link with globalization economy, such as if the beef importing tax raised, as common consumer we need to pay much higher than previous period---that's why global economy is important.
Increasing specialization within the global economy depends on what?
International Trade
What are the current trends in Globalization?
Global wealth is less evenly distributed. Due to globalization The wealth gap is growing larger Outsourcing is becoming more common
Why has globalization result in increasing environmental damage around the world?
The profit motive drives companies that are competing in the global marketplace to exploit natural resources.
