If it hasn't already? Is it possible to have an economy that relies on external means for everything?
2007-08-27 11:33:26 · 3 answers · asked by Anonymous in Politics & Government ➔ Politics
The question is "DID it...?" and the answer is YES.
2007-08-27 11:43:03 · answer #1 · answered by Anonymous · 2⤊ 0⤋
It already has. And, not just recently, either - by the early 70s, at the latest. And, yes, it is entirely possible to have an economy that focuses on one poduct or service, and trades for virtually everything else.
2007-08-27 18:45:09 · answer #2 · answered by B.Kevorkian 7 · 2⤊ 0⤋
If globalism gains momentum and is unchecked, the average American income will decline until on par with the average income of people worldwide.
Economics.
A lucky few American elites will gain wealth, though.
2007-08-27 18:43:56 · answer #3 · answered by Anonymous · 2⤊ 0⤋