For a free market economy, having no external regulation over the prices and production of goods (in terms of amount of goods) other than those exhibited by the market itself is usually considered to be the main characteristic.
Pros of globalization:
-It can increase trading ,and the developing countries would have an greater access to market overseas,hence the more developed countries would be able to enjoy cheaper goods while the developing countries would be able to buy goods with higher quality.
-It promote cultural intermingling and countries would be able to learning more about other cultures, thus building up mutual respect to each other. This is likely to lower the possibility of discrimination and divergence between people. It would also promote initiatives to create new ideas and products.
Cons
-There would be a loss of cultural divergence,which is important to building one's cultural identity as well as self-identity.
-It could potentially widen the poverty gap. Large multinational corporations are likely to dominate the market thus threatening the opportunities for local corporations or smaller brands survival.
Hope it helps!
The States are allowed to find solution and make a decision about the issue. There are equal powers with the Federal and States therefore, the issue can be debated. Since federal powers are superior, the Constitution makes the decision. The national government shall create specific rules for each of the States.
That is because they think that should not be there
<em>False.</em>
Explanation:
Although the sinking of the Lusitania was fuel for the United States to enter World War I, it was not the direct cause of it. The United States actually entered the war a few years later, but people still remembered the Lusitania.
Although there were numerous occurrences that happened that finally made the United States declare war on Germany, the sinking of the Lusitania included, the biggest reason for them joining the war was because of the Zimmerman Telegram.
In 1917, the British decoded a secret message that was for Mexico, from Germany. This telegram is known as the Zimmerman Telegram, and in it stated that if Mexico joined forces with Germany, against the United States, they would get numerous territories in America when Germany won the war.
This was the direct cause of the United States joining World War I. The Zimmerman Telegram finally made President Woodrow Wilson declare war on Germany.
