Exam (elaborations)
Globalization Detailed Questions And Expert Answers
- Course
- Globalization
- Institution
- New York University
Globalization Detailed Questions And Expert Answers
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Globalization Detailed Questions And ExpertAnswers
Globalization - ANS the increasing number of ties between different parts of the
world, including economic, cultural, and political connections
Economic Globalization - ANS the increased interdependence of national
economies linked by trade, manufacturing, and financial operations carried out by
large private companies
Advocates of economic globalization contend - ANS it produces benefits for the
entire world by enabling the global economy to work more efficiently
Anti-globalization activists argue - ANS globalization diminishes the sovereignty of
states in favor of corporate power, undermines democracy, funnels resources
from poor to rich nations, accelerates damage to the environment, and exploits
the desperation of workers in what is commonly phrased as a "race to the
bottom."
anti-globalization critics argue (regarding the environment) - ANS corporations are
more free to destroy rainforests, extract minerals without compensating local
peoples, and cause other forms of environmental and social damage.
interdependence - ANS A relationship between countries in which they rely on one
another for resources, goods, or services
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