During the first few years of the Great Depression as people lost their jobs, homes, and farms they began to lay the blame for their poverty on the banks, since they had been irresponsible.
The citizens of Rome put the virtuous
of the republic ahead of their individual desires and the Founding Fathers look
forward to American people would do the same. Serving in public office without
financial gain was significant in the achievement of the country.
access to a larger market
This is a benefit of economic globalization since it will open up a wide range of national, regional, and a lot of other markets in which resources, goods, and services as well as information are free-flowing. Every market will therefore have access to the products of various other markets in the whole world.
loss of jobs in developed countries
Economic globalization has led to an improvement in the developing countries. Unfortunately, this had a negative effect on the jobs already available in the developed countries since the decrease of poverty in other developing countries would cause some immigrants to leave their jobs in the developed countries to go back to their homelands, where significant improvement is already seen.
This is therefore a cost of economic globalization.
depletion of natural resources
Economic globalization would encourage markets to produce a lot more compared to the usual situation since they can export their resources to other markets in various places of the world. This would then lead to some markets specializing based on what they have, causing them to utilize their natural resources more frequently.
Depletion of natural resources is therefore a cost of economic globalization.
increase in production of goods
Because of the free-flowing marketplace of goods and services brought by economic globalization, most markets would see a significant increase in the demand of their products. This will lead them to increase their production to meet that demand. Since they can freely export these goods, increasing the production would yield them more profit than usual, thus this will be a benefit of economic globalization.
manufactured goods such as guns, metal cooking utensils, and cloth. Hope this helped <3
The political movement that emphasized conservation at the turn of the century was the progressive movement. The movement refer to an ide where the Government would focus more attention at the development of science and technology
