Globalization in essence is companies and governments climbing onto the world stage and interacting internationally.
Globalization has helped some, but it has also hurt a lot, specifically through:
- Making the rich richer
- Removing trade barriers only for new ones to rise (VAT taxes, etc.)
- Increased trade deficits with many jobs leaving their developed nations for less developed ones (U.S. manufacturing to China, etc.)
- Developed country job pay cuts
- MNC's leaving countries and exploiting international tax havens
- MNC's overseeing bad work conditions in countries with less regulations
- MNC's influencing international politics
- Exploitation of labor
- Social welfare schemes
Et cetera, et cetera...
All the problems we hear about with companies leaving their countries and stranding thousands if not millions of people without jobs, and labor issues in other countries all stem from globalization. So we need to decide if the benefits outweigh the costs here or not...
Answer:
The legislative branch drafts proposed laws, confirms or rejects presidential nominations for heads of federal agencies, federal judges, and the Supreme Court, and has the authority to declare war.
Explanation:
Answer:
These two statements are true:
3 The North Pole is tilted away from the sun. - When it is summer in the Southern Hemisphere, the South Pole is tilted toward the sun, and North Pole is tilted away from the sun. The South Pole has a 24 hour day, while the North Pole has a 24 hour night.
4It is winter in the Northern Hemisphere. - When it is summer in the Southern Hemisphere, it is winter in the Northern Hemisphere, and viceversa. This is why Christmas in Canada is in winter, while Christmas in Australia is in summer.
Answer:
Economics affects our daily lives in both obvious and subtle ways.
Explanation:
Answer:
The pursuit of self-interest
Explanation:
These authors - Thomas Hobbes, John Locke, and Adam Smith - they believed that man should be free to pursue their interest, and not be bonded to a religious moral, or to care about what the other people think. In other words, their theories focus on man self-development based on their interests, ideas, and self-care. The man as the main actor in the role.
