The term "globalization" is used to describe how trade and technology have increased connectivity and interdependence around the world. The scope of globalization also includes the resulting changes in the economy and society.
The movement of goods, technologies, information, and jobs between countries is referred to as globalization.
Globalization gives businesses in industrialized countries a competitive advantage.
Globalization also benefits developing nations since they often have a lower cost of living, which attracts employment.
The advantages of globalization have come under scrutiny since their good consequences are not always equitably dispersed.
An evident outcome of globalization is the ability of one country's economic collapse to have a cascading effect on its trading partners.
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The high-tech boom began in the Silicon Valley in California, but the information economy soon shifted to a global phenomenon as U.S. companies began outsourcing production and services to other countries in order to reduce costs.
Demographic trends brought increases in the numbers of immigrants, changes in their national origins, more frequent illegal immigration, and a graying of America as the general population aged. The North American Free Trade Act (NAFTA) intended to stimulate trade with Mexico and Canada also stimulated debate and controversy as some Americans lost jobs. President Clinton and his wife, Hillary Rodham Clinton, initiated an unsuccessful examination of health care and how it could be provided more equitably and efficiently. Vice President Al Gore took the lead in addressing environmental issues and global warming, but as of 2011, the United States has not ratified the Kyoto Protocol that a world meeting had intended to limit greenhouse emissions
. Cultural issues related to abortion, gun control, and gays in the military played out during the Clinton years with conflicts between liberals and conservatives, who brought differing perspectives to these issues. Osama bin Laden helped found al-Qaeda, whose goals included driving Americans out of all Islamic nations, destroying Israel, and toppling pro-Western governments in the Middle East. In response to the 9/11 attacks, U.S.-led troops invaded Afghanistan with the goals of toppling the Taliban regime and finding bin Laden.
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.
The one who found the pacific ocean is an Spanish explorer named <span>Vasco Núñez de Balboa. he found the pacific in in 1513</span>
8 battleships were at pearl harbor. All 8 were damaged, 4 of which sank.
