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GLOBALIZATION617

GLOBALIZATION617. Globalization Definition( Kervens Dormevil ). The technical def. for globalization is- The tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnectedness of different markets.

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GLOBALIZATION617

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  1. GLOBALIZATION617

  2. Globalization Definition(KervensDormevil) • The technical def. for globalization is- The tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnectedness of different markets. • To me it is basically the lifeline or how healthy a country really is economy wise.

  3. GLOBAL ECONOMY DEFINITION(KervensDormevil) • The dictionary definition is- The international spread of capitalism, especially in recent decades, across national boundaries and with minimal restrictions by governments. The global economy has become hotly controversial. Critics allege that its props, free markets and free trade, take jobs away from well-paid workers in the wealthy nations while creating sweatshops in the poor ones. Its supporters insist that the free movement of capital stimulates investment in poor nations and creates jobs in them. • Once again to me its almost globalization or the freedom to create currency to your likeing. More along the lines of Capitalism

  4. What are they(To Me)?(KervensDormevil) • Globalization can cause a country to prosper and flourish with all its good, or can slowly damage it until there is nothing left and people would basically have to evacuate to a foreign country for better living for them and their family • Global Economy basically the freedom to star your own business without any interception from the government. It is the opposite of communism witch allows goods to be shared by someone with someone else who does not work as hard.

  5. What builds an economy?(KervensDormevil) • A stock market is one of the big keys to at least the US economy. This can increase or decrease millions of peoples spending in a matter of hours and one country down will eventually affect others because we all rely on someone.

  6. Connection to Terkel quote(KervensDormevil) • “status…becomes important…society, they feel, looks upon them as lesser”-I really like this quote because individually I think people feel this way. It might be a self-conscious thing but as a country in general I think this falls under “the white mans burden”, which is a quote that American have been called because they have a tendency to go to a country and fix what they believe is a problem. Appears means a lot to a lot of people.

  7. Terkel Quote(KervensDormevil) • “the scars brought home,” is another good quote to fit the topic because it indicate the troubles and dissatisfaction that one would have to bring home and emit to their families. • Emotions can be contagious and it can hurt physically, emotionally, and mentally

  8. Conclusion(KervensDormevil) • In all globalization and global economy can be an admirable way of living. It can be motivation to do better with yourself your business and properties or it can be the reason on why the way you and your family are living is so unbearable. • They both are happening at the same time but I believe it depends on what side of the world you are standing on.

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