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answer at ur own opinion

2006-12-04 13:25:09 · 2 answers · asked by Savi 1 in Education & Reference Homework Help

2 answers

Globalization helps the economy in all countries that have production. Globalization helps provide the lower level of economies with more production. High level economies like the USA are forced to scale back on the industry, and move to a more service related economy. With more industry being moved to cheaper economies, strong economies can only decline.

This means any jobs that are dealing with manufacturing are going to be moved out of America. Countries that pay workers far less will end up with American jobs. This will lead to all economies being equalized eventually. This means the American economy has to be lowered to adapt to poorer countries. Globalization sucks for America

2006-12-04 16:28:20 · answer #1 · answered by Jay 4 · 0 0

Globalization enables the masses throughout the world to reach an equal distribution of its assets. So I'd say positive.

2006-12-04 13:37:36 · answer #2 · answered by Jagg 5 · 0 1

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