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.
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Perry help the United States expand its influence in Asia as he negotiated the first treaty between the United States and Japan (Kanagawa Treaty).
The Kanagawa Treaty was signed on March 31, 1854 between Commodore Matthew Perry of the United States and the authorities of Japan, in the Japanese port of Shimoda. This treaty ended with 251 years of Japan's isolation and, at the same time, with its policy of exclusion (Sakoku), thus opening the Japanese ports of Shimoda and Hakodate to trade with the United States, guaranteeing the safety of American shipwrecks and establishing a permanent consul.
Answer:
Early interactions between the Spanish and Native Americans who lived in Central and South America led to a series of cultural exchanges that affected both the New World and the Old World.
Explanation:
A social system in which class status is determined at birth. The Spanish had mixed-race children in the Americas with enslaved Africans and Native Americans. Status was determined by how “Spanish” one was, so those with little to no Spanish blood were in the lowest class.
An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith. First published in 1776, the book offers one of the world's first collected descriptions of what builds nations' wealth, and is today a fundamental work in classical economics. By reflecting upon the economics at the beginning of the Industrial Revolution, the book touches upon such broad topics as the division of labour, productivity, and free markets.[1]
