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Perceptions And Realities Of Globalization Essay

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Wealthy societies, which have established highly advanced diversified economies and secure, stable governments, are considered the core economies. The United States, Canada, Japan, along with several other countries are included in this category. According to The World Factbook, the United States has “the largest and most technologically powerful economy in the world” with “U.S. firms at or near the forefront in technological advances in all economic sectors, especially in computer and software technologies and in medical, aerospace, and military equipment” (United States Central Intelligence Agency). Comparisons made between the U.S. and other core economies point out the extensive flexibility U.S. companies have, including lying off …show more content…

The combination of these two different labor markets are the natural consequence of economic globalization, causing market penetration across national boundaries, which are encouraged by the labor demands of modern civilizations or high-income countries.
In the beginning, the worldwide economic policies that resulted in a negative influence on the growth of education and health care were rejected. Individuals who understood the positive effects obtained by globalization, offered ideas to “benefit people, putting human rights, social justice, and ecological sustainability before profits” (Becker 206). Positive influences of globalization provide opportunities for low-income countries to gain growth through updated and modernized information, knowledge, and technology (Veber 47). Through insertion of machinery and technology, low-income countries achieve growth in economics and productivity, and convert labor demands to industrial and service employment (Macionis 315). Globalization has produced benefits related to health care through technological and informational advancements; especially through the evolution obtained in communication technologies. The flow of information and learning provided by the Internet connects health professionals with scientific discoveries, techniques and inexpensive remedies in their efforts to provide care to the population within the low-income

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