Thursday, November 29, 2007

Globalization

Globalization refers to a set of processes that increasingly make the parts of the world interdependently integrated. It is a historical process that results human innovation and technological progress. Also, it refers to increasing integration of economies around the world, particularly through trade and financial flows.


Globalization makes us vulnerable to changes all over the world. For example the huge market of foreign goods in the United States creates jobs and keeps workers employed. Similarly, the health of the U.S economy depends on how well American products sell in foreign countries.


The bad is that children of the world are generally without rights and only have a voice when an adult speaks for them. Also, globalization margin poor people, people who are disconnected of the media of communication. For me, this is my only concern. So the US government should take care of this.

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