Sunday, April 21, 2013

week thirteen economic globalization

Chapter 24 talks about the Accelerating Global interaction and goes into detail about the transformation of the world economic system since 1945.
It also mentions the issues of the re-globalization, the resistance and the feminism movement in america and around the globe. The view of america and underdeveloped countries and how they separate and differ from each other. In this chapter we focused on criminals that would like to be the top leading regime in the world and people that believe or don't believe in the system their country has. The movements are radical and violent and change the perspective on how a country should be lead.

But I will explain all those things more in detail.
Economic globalization can be defined as a of increasing economic integration of two countries. It can be viewed as a positive or negative movement. This movement started with the transatlantic trade market and has been increasingly around for the last 20-30 years. The increase has been stronger since richer countries cooperated with underdeveloped countries.
So what this overall means that for example america will trade and produce in Korea or taiwan. A lot of times those countries have no labor union and no controlled set of rules which means there is no safety, minimum wage or a set of laws and protection for the workers. Children will be employed and work to make money for their family and they are poorly paid. So this way the production will be cheaper and more efficient for the american companies to produce. And that is why products for example forever 21 or H&M are more affordable than a department store or company that produces in america. Though this would be better for our economy and benefit the american system. Those underdeveloped countries don't become richer even they produce because the designers keep all the money and taiwan only keeps a small part. So those countries will never grow and just produce ad build more factories for the american producer.
Sadly so ... and changing you shopping habits will make a small change. Shop at local stores, exchange clothes with your friends or shop at thrift stores.
Make a change.

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