MeganCookWeek1AssignmentPatterns and Forces of Globalization Paper

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Charter College, Anchorage *

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4920

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Economics

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Feb 20, 2024

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docx

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Megan Cook Week 1 8/13/2023 Patterns and Forces of Globalization Paper The forces of globalization throughout time have been driven by the supply and demand of the market and the society it serves. Globalization has come a long way from its ambiguous meanings of uncertain connections with international activity, and it now seen to expand relationships and goods. Advances in technology and communication were the first forces to drive the United States into globalization in the 1900s. Although this isn’t the first traces of globalization as cultures have been trading with goods, services, capital, and information since the art of transactions have been discovered. Globalization is driven by three major forces: advancement in technology, eliminating trade barriers, the supply and demand of the market. Globalization has also helped us effectively communicate with each other as we take inconsideration of different cultures and the way they do business. From globalization the United States has become a franchise all in its own as it expands it’s roots from places like McDonald’s and Walmart, that are an everyday household name. As other countries compete with each other, globalization is a way to collaborate. Innovations in technology have helped us with globalization when we take the competition out of the market and drive costs down in the process.
Resources Ferkiss, V. (2001, November). Is Globalization a Myth?  The Futurist 35 (6), 16. https://3e20mgxjc-mp02-y-https-link-gale-com.proxy.lirn.net/apps/doc/A79382109/ PPBE?u=lirn34005&sid=bookmark-PPBE&xid=030de933 Okonjo-Iweala, N. (2023, July-August). Why the World Still Needs Trade: The Case for Reimagining--Not Abandoning--Globalization.  Foreign Affairs 102 (4), 94+. https://3e20mgxjc-mp02-y-https-link-gale-com.proxy.lirn.net/apps/doc/A754705428/ PPBE?u=lirn34005&sid=bookmark-PPBE&xid=a7fe6cdf Royal Berglee, PhD. (2016, June 17). 4.2 United States: Early development and Globalization . Pressbooks. https://open.lib.umn.edu/worldgeography/chapter/4-2-united-states-early- development-and-globalization/ Wikipedia contributors. (2023). Globalization. Wikipedia . https://en.wikipedia.org/wiki/Globalization#:~:text=Advances%20in%20transportation %2C%20like%20the%20steam%20locomotive%2C%20steamship%2C,of%20economic %20and%20cultural%20activities%20around%20the%20globe.
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