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How do you think globalization has affected the economy over the past decade? In your explanation, give several examples.
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- How do you think globalization might have affected the economy over the past decade?How does globalization affect current economic trends in the United States and what problems does the average consumer face due to the rising cost of inflations?The golden age of globalization was from 1870-1912 True or false
- Many people in the U.S. are questioning the benefits of globalization as a result of recent global supply chain problems. Are we on the path of reverse globalization?In relation to Marx, what are the central dynamics driving globalization?Trace the development of the concept of globalization since it first appeared in the 1940s. What were the factors that have led to its development as a full-blown approach and integrated body of knowledge? What makes globalization a contested concept? Explain fully.
- Discuss Rodrik’s trilemma in the context of globalization.What are the changes since the globalization was digitalized? What activities have been present in this form of new globalization that didn't really exist before? How do countries exchange goods or participate in globalization this time?How does globalization affect the GDP of a country and what are some ways in which globalization affects the GDP of a country?
- How did globalization come into existence? How does the meaning of globalization vary in its 4 phases of development? The four (4) phases of globalization namely: Phase 1: Humanizing the globe, Phase 2: Localizing the global economy, Phase 3: Globalizing local economies, and Phase 4: Globalizing factories. What is your understanding of capitalism? How is capitalism compared to liberalism and neoliberalism? Why does globalization require a country to adopt a liberal market economy?The three indicators to keep your eye on are the unemployment rate, the rate of inflation and the GDP growth rate. At the peak of the business cycle, which economic indicator will enter the “danger zone”? How about in the trough?After reading Dani Rodrick’s article, “Why Does Globalization Fuel Populism?” First, explain how Rodrick defines populism. Second, explain why populism (as he has defined it) struggles in understanding economics and how it creates poor policies.
