Thursday, April 11, 2013

Chapter 24: pgs 723-734


Chapter 24 is about the increase in globalization. Since the 1990s there are been a significantly increase in the communication and globalization of people that are greatly distant. Globalization has both benefited the world economy and it has also have a slight negative affect on the world economy. Technology has really helped the global economy by allowing those in different countries communicate, and it helped each country’s economy expand. In some ways it helped create jobs for those who are in developing countries but unfortunately it has created jobs that have bad working conditions and there are young women who are used as sex workers. What I found surprising was that globalization has affected some countries negatively by worsening the gap between the poor and wealthy. I thought that I would have helped lessen the gap. “Economic globalization has generated inequalities not only at the global level and among developing countries, but also within individual nations, rich and poor alike” (pg 730). Lastly it is not surprising that people think that the United States “ an American Empire” is the face of globalization.  

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