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What is global economy and how have the effects of global competition on the us economy affected you and your family?
Wiki User
∙ 15y ago
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.
Wiki User
∙ 15y ago
Wiki User
∙ 9y agoGlobal competition has allowed many households to get products that they normally wouldn't be able to afford cheaply. Many households have extra discretionary money because products are cheaper.
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What are the effects of the global economy on the family?
Start with definition of 'The Economy". Economics is defined as "The Management of the Scarcity of Resources." Prepare for Scarce Resources.
Is a small family owned business good for the economy?
Small family business are a large portion of the business in the United States. It is also a large percent of employment and the new jobs that open up. It is said that family-owned businesses are the backbone of the U.S. economy.
What effects did women's suffrage have on the average U.S family?
money
In this type of economy all members of the family are involved in the production of food?
traditional
Suppose there is a family in which all the boys are expected to become farmers when they are adults just as their fathers and grandfathers did. In which kind of economy do they participate?
Traditional economy, they are following a tradition.
What are effects of non-communicable disease on the family and society?
If a country is disease prone like Africa. Then the economy is affected because if many people in the country have disease then they can't work, so if people can't work they can't provide a service for the country in turn affecting the country's economy
What are the effects of the global economy on the family?
Start with definition of 'The Economy". Economics is defined as "The Management of the Scarcity of Resources." Prepare for Scarce Resources.
What type of economy is Kazakhstan?
there is no economy in Kazakhstan, it is a Family Business!-)
What is an example of pure competition in The Grapes of Wrath?
An example of pure competition in The Grapes of Wrath can be seen when tenant farmers are forced to compete for scarce resources such as water, land, and jobs. The Joad family faces intense competition from other migrant workers as they try to secure work and survive in a hostile environment. This competition highlights the harsh realities of the Great Depression-era economy.
Details about the 5 major social institutions?
The five major social institutions are family, government, economy, education, and religion. These institutions play key roles in structuring and organizing society by shaping our identities, beliefs, and behaviors. Each institution serves different functions, such as providing socialization (family), maintaining order (government), facilitating economic transactions (economy), imparting knowledge and skills (education), and guiding spiritual beliefs (religion).
Can Justin win the family wizard competition?
yes
What are the five institutions?
The five basic institutions are family, economy, religion, education, and economy.
How are run-on sentences corrected?
Example run on sentence: "He won the competition last Saturday he celebrated with his family." Instead of a comma, put a period or a semicolon in between: "He won the competition last Saturday. He celebrated with his family." Or combine the sentences, since they have the same subject. "He won the competition last Saturday, and then celebrated with his family."
What are the Positive and negative effects of family planning?
Positive effects of family planning are preventing unwanted pregnancy. Negative effects of family planning are contraceptives can interfere with womenÃ?s cycles and can have an effect on future fertility.
Does working life effects family life?
It does effects family life. Much like how you eats your dinner or licks your cock.
How would your current family have been affected in 1935 by the Nuremberg law?
my family are not jews so they would have not been affected by this, but if they was a jew it would have been tragic for them.
What are the Effects of euthanasia to family?
sadness
