answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: If globalization continues over the next few decades then how might your life be different?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

Globalization in long term will cause more harm than good in view of job losses?

Globalization brings the world closer in terms of culture and economy. In recent days we have witnessed both the pros and cons of globalization. It had brought opportunities in terms of better income and employment in sectors like Information Technology to countries like India, China etc, at the same time outsourcing is seen as a cause of job loss in US. Just few years back the global economic meltdown had caused recession in economic activities across the world which has been closely knitted by globalization. Despite all these I feel globalization in long term will be beneficial to the world because though it might create job loss in some particular sector in some countries, overall it brings better business opportunities, smoother international economic activities and bigger unexplored global market thereby creating more jobs than before across the world benefiting all the countries.


What are three different approaches a firm might use to set prices for customers different geographical areas?

A firm might use a personal survey approach to help them set prices for customers of different geographical areas. They might also use a market research study. The really aggressive firm is going to call potential customers themselves and ask what they would pay for certain items.


What are some merits and demerits of globalization?

A negative effect of globalization is that immigrants may be blamed during hard economic times. In the 2014 elections, many far right parties were elected to the EU.


What is 289.00 in euro's worth in American dollars?

About $356. But the exchange rate varies all the time. in ten minutes it might be different


How do different countries interact economically?

They interreact from trad and might benefit from it but a affect is that people lose there jobs because of trade.

Related questions

How might increasing globalization affect Quebec?

Aboolutely nothingt


How does globalization affect society?

Globalization affects culture because when people of different cultures and from different places come together and share what they have, they get to know each other. they bring back what they have learned and it enters into society and culture. for example: if a female student from a society that does not let women do much comes to america as an exchange student, she might learn about how our society works. then she may might go back home and decide to start working for women's rights. in the long run her visit could effect her entire culture. it isn't simply americanization because other cultures affect ours as well


How might the Egyptians built the great pyramid of Giza?

they took thousands of laborers and decades to build


What emotional and cognitive effects might the stressor produce?

It depends on what the stressor is and how long it continues.


Is it okay for healthy horses to roll?

Probably not if they are doing it a lot. You might want to check with a vet if this continues.


Is a heart disease a chronic disease?

Heart disease usually develops early in one's adult life, and continues to progress for decades, usually. The first indications that there is a problem might be angina, or even a heart attack. Its chronic because it is usually present in young adults (but asymptomatic), and even if there ARE symptoms, they tend to slowly increase over several years & decades--giving it its chronic nature. Sometimes heart disease it not so chronic, and people of all ages die with little to no warning--look up Sudden Cardiac Death.


Why does your head hurt when your jaw opens?

It could be caused by a cavity you might want to go to the dentist and the problem continues.


What might happen in the US if the gap between the rich and the poor continues to widen?

more division and more crime


How long does it take for a game to be old?

Well, it all depends on the popularity of the game. Some games might only me popular for a year others might even last for decades or centuries


What might happen if damage to the ozone layer continues?

If the ozone layer continues to deplete, there would be UV rays entering the surface of earth. These UV radiations cause various fatal problems to life on earth.


What does it mean when you start taking the pill for the first time and get your period two days later?

This is called break through bleeding, it sometimes happens when BCPs are first started - if it continues, talk to your doctor, who might want to have you try a different dose of the Pill


Why might different states have different suffrage?

Different states might have had different suffrage because they all, as a state, had different opinions on who could have voting rights.