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Studying globalization is important because as the world becomes more and more interconnected, there are serious implications and consequences for people all around the world. While some benefit from globalization, others pay a heavy price for it. Many argue however that globalization results in more "winners" than "losers" and is hence a good thing.
Wiki User
∙ 13y ago
Wiki User
∙ 11y agoStudying globalization help us to copy and understand all changes occurred all over the world, by understanding it, it reduce claims posed on globalization because if something gone wrong we blame this is because of globalization. Therefore by understanding that those may stop doing so.
Wiki User
∙ 12y agoProvide cheap goods to the big box stores in America containing foreign made products so Americas largest employer's can provide the new American Dream of being a store clerk. Make the whole world like one big village, so the elite can control the half and have nots as is done in China allowing our politicians to provide more entitlements while increasing China's influence on the American dream to be free.
Wiki User
∙ 7y agoBy economic principles, opening up to trade will create a new "world price" that must be adhered to. This will allocate goods in the most efficient way.
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Which is not a goal of policymakers pursuing to stabilize the economy?
Stable productivity is not a goal of policymakers pursuing to stabilize the economy. The economy, broadly defined, is the wealth and resources of a nation.
What is the significance of global economy?
Its Global.
What are the most dominant areas in the global economy?
The most domi The most dominant areas in the global economy include: nant areas in the global economy include:
What is the difference of global economy and world economy?
its the same thing
How will the depression in the global economy affect the strategic planning in the organization?
How will the depression in the global economy affect the strategic planning in the organisation?
What is the importance of global marketing in Philippines?
The importance of global marketing in Philippines is that it has helped in expanding the marketing across the borders. This is a major boost to the Philippines' economy.
Which is not a goal of policymakers pursuing to stabilize the economy?
Stable productivity is not a goal of policymakers pursuing to stabilize the economy. The economy, broadly defined, is the wealth and resources of a nation.
What is the significance of global economy?
Its Global.
What are the most dominant areas in the global economy?
The most domi The most dominant areas in the global economy include: nant areas in the global economy include:
What is the effect of politics in global economy?
A strong political will will keep the global economy sound
The importance of community service in the Nigeria economy?
what are the importance of community service to nigeria economy
What strategy should a company pursuing a multidomestic strategy adopt?
Global geographic
What does global importance mean?
Global importance is a term used to evaluate the importance or value of an issue based on how relevant or important it is to the rest of the world. For instance, global warming has a lot of global importance because it affects the entire globe where issues like high gas prices in Connecticut have low global importance because they only really affect the people that live in Connecticut
What part of speech is the word global?
Global is an adjective, as in the case of "global confusion" or "global economy".
What is the importance of mass communication in modern age?
Mass communication is important in the modern age for a variety of reasons. For example, the global economy relies on mass communication such as the internet.
What is the difference of global economy and world economy?
its the same thing
What multinational strategy is Molex pursuing localization international global standardization or transnational?
Transnational
