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The working class and the lower middle class. People who had been able to save some of their income towards retirement and toward savings. Some upper middle class people with investments and big mortgages were severely affected.
Globalisation has been around for Many centuries now.
Wage reductions
While globalization has contributed to the reduction of overhead expenses for businesses, slightly improving growth, the drawback is that it causes increased unemployment in the US.
While globalization has contributed to the reduction of overhead expenses for businesses, slightly improving growth, the drawback is that it causes increased unemployment in the US.
Differing opinion make the answer to this query subjective at best. That having been said, one major benefit to globalization has been the widespread availability of knowledge to the masses. One of the drawbacks has been the growing disparity between the rich and the poor, in many cases erasing the 'middle class'.
The Chindia revolution is the globalization revolution that has been taking place in China and India since the 1990's. This revolution has led to a new middle class in those countries as wages rise.
The working class and the lower middle class. People who had been able to save some of their income towards retirement and toward savings. Some upper middle class people with investments and big mortgages were severely affected.
The Middle East was affected by the west in the 20th century as a result of divisions between progressive and conservative factions.
the effect of globalization on information technology could be thatthe more people in the world the more knowledge there is to be shared with computers. as the human race develops there is alway a chance of someone being born who will know more.
Architects are either in the Upper Middle class or Upper Class, with either $62,960 earnings or, if you have a lisense and have been an architect for about 15 years, up to $200,000.
Historical globalization has been both positive and negative, depending on a person's opinion.
Teacher
well, social policy in Britain been shaped by one of the fallowing social groups the working class the middle class minority ethnic groups by setling the united states and never been diversed.
The highest priests were upper class. The others would have been middle class.
they weren't affected by Nazis, instead they were invaded by the Japanese which mostly took control of China and the Pacific at that time, the middle easterns has been minimal affected by anything really
it has been created for globalization.