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well first of all people have become obsessed by the internet, like if you don't have Internet for a week you might miss on alot of social changes/events, News or maybe even something work related, Internet also made a big difference with being able to just go on-line and write a mail to someone on the other side of the globe where before you would have to call (which is REALLY expensive) or send a letter, which would take forever to arrive :) also as happening in Cairo right now, the demonstration down there is pretty calm, because it all got arranged over the Internet, and the police won't interfere with it, unless it becomes violent
-spownkie
PS. hope that my information was helpful :D
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What are the Major interest groups in the world economy in globalization?
i think mulitinational companies and the nation of interest is a player in globalization
How does Asia make their money?
Production and investments from the globalization of the world economy
What is borderless economy?
Globalization. World as a whole is treating as a single economy. There is no borders/restrictions between countries for economic activities.
What development allowed the American economy to be affected by economic problems in other regions of the world?
Globalization
How did World War 2 affect economy the economy?
it increased wages
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.
Why is globalization occureing?
Globalization is occurring because the world has torn down barriers. Communications have greatly improved. Innovations such as the telephone and internet have made it possible to greatly simplify international partnerships.
How did affect the Great Depression affect the world economy?
the factory where close but the men that work on the job fail to complete the economy
How did the world war 1 affect the economy of the US?
it caused the economy to go down
What problems has globalization world trade caused?
Outsourcing -using other countries to cut costs where their economy benefits instead of ours
How have the factors listed below changed the nature of international trade in the past 50 years Computers and internet containerized shipping?
By making different parts of the world more interconnected
Did World War 2 affect the economy?
it increased wages
