Globalization Is A Form Of A New Market

Joe Baca said, “As costly as it was in the lives of our men and women in uniform, in military assets, and in esteem and pride, Pearl Harbor was a watershed moment for America.” America has changed every second since it was first founded either positively or negatively. However, many major events have occurred that caused America to enter a turning point. World war 2, as a whole, shifted Americans’ way of living and thinking. Yet there is one event that happened within world war 2 that is the main reason for America’s crucial transforming. The bombing at Pearl Harbor, even though it was devastating, triggered the shift in America.

The points i made about the bombing of Pearl harbor and the affects they had on America hopefully gave you some more insight on WWll. Because of the bombing and attack that happened on December 7, 1941, america joined the war. And when that happened that helped america get out of the great depression that had just barely ended. With men off to war the women took over and started working. The more workers the better the economy turned out to be. Also the men who lost their lives that day didn't die for nothing. The US got back at japan by bombing two very big important cities.

Commentators contend that globalization has disintegrated national sway and has brought about an exchange of force from states to enterprises or to universal associations. Since the late 1970s, there has been a developing acknowledgment of a belief system, frequently called "globalism," that supports an open market and constrained government impedance in capital and exchange streams. Corporate hobbies have driven this motivation, which they have forced, the faultfinders contend, on the creating

During World War II the United States began to manufacture war materials to support its allies through lucrative government defense contracts as automobile factories like Ford and General Motors put aside their usual business operations and began to produce tanks and airplanes, shipyards too expanded their operations . The demand for war equipment naturally increased the demand for labor and as a result helped pull the American economy out of the grips of the Great Depression. Then as the unthinkable happened, on December 7, 1941, Japan bombed Pearl Harbor, which drew many young American men into the battlefield.

While other post war countries struggled, the United States was booming with prosperity in the “roaring twenties”. The unexpected economic collapse led to both financial and political repercussions. Prior to these events, the international economy was already unstable. When the stock market crashed, American businessmen pulled out of overseas investments. Sparked by the Great Depression and the sudden lack of production, world trade experienced a dramatic decline. Without supply and

For the United States the event of WWII was most likely the single largest factor in determining the nation’s financial, political, and social prowess in the 20th century. Where most have knowledge of the war itself, few understand the sheer reach it had and the massive effects it produced globally. At home, it ended the great depression and strengthened our government’s ability to manage the economy. Leading up to the war virtually all industry in the country was majorly crippled if not dead, a problem that may not have ever been fixed were it not for increased demands via the defense industries.

Modern America can be considered one of the world’s economic and industrial leaders. This didn’t happen instantaneously. It was a long process that took centuries to occur from when America was first colonized by England. America started slow and far behind England and other European countries in the technology race but a diverse culture and the work ethic of American people all helped to push this country forward. From antebellum America in the 19th century, to the Progressive Era in the late 19th century and early 20th century, and finally to the New Deal period in the 20th century, many changes occurred as millions of people lives were affected greatly during this time. Throughout these eras in U.S. history, there was a general

In the wake of the World War II, America emerged as an industrial superpower. The surge of

World War II was a tremendously impactful war which was fought during the forties. It had many turning points and great changes that turned not only the United States but the world. One of the first events that occurred was the rise of Communism. With the rise of communism it caused panic in the country of the United States. The panic was inevitable because anyone could be suspected of being a communist. Also, with communism rapidly spreading in Europe it was hard for the United States to stay in a state of isolationism. Therefore, a key factor of the United States abandoning isolationism and joining the war was the incidence of Pearl Harbor. The bombing of Pearl Harbor was sent by Japan. As a result, the United States declared war on Japan and World War II started. After the war, the impact continued. After World War II, the Cold War began; which was a start to a race in technology, space, and power. The Cold War lasted several decades and was a reaction to World War II.

Before World War I, America had been primarily an isolationist nation with little dealings with the world. As time went on America took more of a role in world affairs. With World War II and the post war, America took its place as one of the most dominant nations in the world. Post war, America’s economy led the world and helped rebuild war ravaged nations. Government efficiency in the economy and increased production led America to emerge as one of the biggest economic powerhouses in the world.

Theodore Levitt is often considered to be the first to recognize the trend towards globalization and states that: “companies must learn to operate as if the world were one large market – ignoring superficial regional and national differences…” In addition, he argues that the companies that do not adapt to the new global realities will become the victims of those that do.

Following the second World War, the U.S. suddenly found itself the dominant economic and military might in a devastated world. As the British Empire faded, into the vacuum a new empire arose and armed with a nuclear deterrent, the U.S began to exert its global influence.

There is controversy over when globalization began because there is no crystal clear start to globalization. Some people believe that globalization started when the Buddhist leader Chandragupta combined aspects of trade, religion, and military to create a protected trading area. Others believe that globalization began under Genghis Khan’s rule. The Mongolian warrior-ruler created an empire that had trade integrated into it. There are also some experts that believe that the rise of globalization was linked to 1492, the year Christopher Columbus made his first trip to the New World.

There are many ways to look at and understand modern globalization. In general terms, globalization means that the world, as a whole, is leading to a more utopian society, meaning that the globe is become very interconnected and similarities are growing between different regions and cultures of the world. Globalization is a phenomenon that has been evolving since before 10,000 B.C. This constant evolution can cause many problems, but it can also solve many issues positively as well. Development of any country, however, seems to be a key issue when discussing globalization. Globalization and development present two different factors in the world today. Many countries are lacking in their own development while the world around them is becoming more developed and globalized. Globalization hinders development because with globalization, less developed countries depend on more developed countries to help them to sustainability and self-reliance.

Economic globalization has become the most important feature and a general trend of present world economic development. Globalization is a phenomenon and also a process of development of mankind and human society (Hamilton, 2008). It is the essential feature of the modern age. Globalization is the cross-border flows of capital and goods, including capital, labour, technology and natural resources (Bożyk, Misala & Puławski, 2002). Economic globalization is a historical process, and the germination of it could date back to the 16th century. After the industrial revolution, capitalist commodity economy, modern industry and transportation have been developing rapidly. The world market was fast expanded and the foreign trade was