Tuesday, May 17, 2011

  For all you people out there who does not know what Globalization represents here is a brief explanation, it represents the growing integration of economies and societies around the world. The two major players of this organization are the international organization which involves the world trade, the united nation, the World Bank, and the international monetary fund. The other organization is the nongovernment organization which involves the multinational corporation, sovereign nation-states, and the globalization index.I think that the people should be well informed of this subject because if we extend our United States products with other countries and develop a world trade of merchandises (needs) with other countries. Sooner or later, we as nations would have an economic boost and we would get out of this crisis with money floating in and out of the market.
   
   I believe that the benefits of globalization outweigh the cost because it helps us in our economic development, the reasons are because of globalization we are able to spread our companies all over the world and sell objects to other places which help us improve in our economic situation. The other reason is because it also helps us get closer to other countries and trade with them and get better technology and items that other places have and we need.