Answer: Globalization is the spread of products, technology, information, and jobs across nations.
Corporations in developed nations can gain a competitive edge through globalization.
Developing countries also benefit through globalization as they tend to be more cost-effective and therefore attract jobs.
The benefits of globalization have been questioned as the positive effects are not necessarily distributed equally.
One clear result of globalization is that an economic downturn in one country can create a domino effect through its trade partners.
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How did they come to the US? ... Therefore, many Chinese immigrated to the US from Canton after news of the gold discovery in California. Immigrants undertook a Pacific Ocean journey of three weeks by ship. Many passengers could barely afford steerage class travel.
Answer: triggered the first 'Great Depression' in the United States and abroad.
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