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by joining NAFTA the GATT and the WTOThe United States responded to changes in the global economy by creating a militaristic empire in order to monopolize all markets for US corporations.
Arnoldo Considine
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What describes the part of the US' role in the global economy?
The US is interconnected with other parts of the world. Therefore, when our economy is doing poorly it reflects on the economies of other countries as well.
What country began to rival the US and European Union states in the global economy in the 1980's?
Japan
How has expansion of the global economy impacted US employment?
More jobs have been outsourced to other countries.
What are some factors that helped the US economy change and grow?
Innovation and technology helped the US economy change and grow. Also, it is positively affected by an open economy, free labor market, and less federal government regulation.
What is climate change global warming causing?
"Climate Change" and "Global Warming" are not the same, though related. Global Warming causes Climate Change. With Global Warming we understand the warming of the earth's global temperature. That warming has in turn an effect on the earth's global climate and on more localized climates (like the climate of England or Western US).
What is global economy and how have the effects of global competition on the us economy affected you and your family?
Global economy refers to the expansion of economies beyond national borders, in particular, the expansion of production by transnational corporations to many countries around the world. The global economy includes the globalization of production, markets, finance, communications, and the labor force. Global competition is effecting on the US economy in several ways. First many of American companies moved to China because of cheap labor and more profit. More and more American companies are investing in China and India.As a consequences,people living in America like us looses job and makes harder to get the job. Prices are going up while there is no increase in paycheck.So , this leading us poverty as number of competition increases.
What was the major change in the US economy in the 1990s?
heavier reliance on services
How does the global economy affect the job market?
One way the global economy effects the US job market is when it's bad people in other countries are not able/willing to buy products so there is less need for workers here to make these products.
How the economy change in US after World War 2?
they pooped on each other
How does gas affect us?
Greenhouse gas is adding to global warming and climate change.
How did the outcome of the Vietnam War change the US and how it runs today?
It must be a lot and be significant for the US economy, I think.
How did voters in 1930 respond to the great depression in the US?
The voters blamed Hoover for not letting government helped economy while economic situation was in trouble.
