Question

What global forces are affecting the U.s economy? What consequences are they having? How might they affect your own life? *subject Sociology*

Answer 1

Explanation:

5Globalization has a positive impact because it enables the US to increase trade in services, manufacturing, agricultural and food products, it enables Americans to buy cheaper and more abundant consumer goods, and it creates more U.S. jobs.

Answer 2

Raw material availability, supply chain reliability, labor supply, wages, worker expectations, government regulations and consumer demand are all influenced by global factors at work. Every aspect of the goods you sell and the services you provide are at the mercy of the global forces affecting the U.S. economy.