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Explain clearly the 3 slides/picture.
- Economic Globalism
- Globalization
- Economic Globalization
Explain the information on the picture.
Step by step
Solved in 2 steps
- Did the COVID-19 pandemic create new globalization opportunities for growth in yourCaribbean territory? YES/NOBased on your answer, write an answer that identifies those accepts that contribute to thegrowth, expansion and advancement of your local economy. On the contrary, if you do notbelieve that new opportunities were created, write an answer that identifies those acceptsthat negatively contributed to the negative growth, contraction and deceleration of our localeconomyDid the COVID-19 pandemic create new globalization opportunities for growth in yourCaribbean territory? YES/NOBased on your answer, write an answer that identifies those accepts that contribute to thegrowth, expansion and advancement of your local economy. On the contrary, if you do notbelieve that new opportunities were created, write an answer that identifies those acceptsthat negatively contributed to the negative growth, contraction and deceleration of our localeconomyPlease explainS– If the statement is SUPPORTEDby information in the source materialR– If the statement is REFUTEDby information in the source materialN– If the statement is NEITHERsupported nor refuted by the source material Globalization: Boon or BaneGlobalisation as a term has been defined and described by scholars, policy makers and businesses depending on the benefits that they have been seeking from it. While economists and businessmen have viewed globalisation as the removal of barriers to free trade and as a means to create one global market, sociologists have described it as the intensification of worldwide social relations where local events are shaped by happenings in distant places. It is a fact, however, that the economic benefits and consequences of globalisation and global economy have occupied most of the media and mind space of the participating nations.Such preoccupation with economic activity has prompted UNDP to remark in one of its reports that globalisation, while enhancing the…
- In this topic, you are to research globalisation. The business press bombards us with ideas about ‘The shrinkingworld’, ‘the flat world’ and ‘the border-less world’ – all catchphrases to describe the impact of globalisation.But are the (trade) borders really collapsing or are we seeing, post GFC, a resurgence in them? What is behindthe extreme demonstrations against globalisation at G7andWTC conferences?By taking into consideration the history of the Caribbean, the economic theories underpinningCaribbean development as well as the features of the typical Caribbean economy, construct ahypothetical (ideal) economic model that you consider suitable for the economic development ofthe Caribbean. Ensure that you carefully explain/justify the reasoning behind the development ofyour model.You will now need to analyse your new model. Be sure to clearly show how your “new”model improves on the other models that exist ( charts or graphs of necessary)Read the following definitions of globalization by various scholars. Explain its meaning 1. "Globalization can be defined as a historical stage of accelerated expansion of market capitalism, like the one experiencedn the 19th century with the industrial evolution. It is a fundamental transformation in societies because of the recent technological revolution which has led to a recombining of the economic and social forces on aanew territorial dimension. 2. "Globalization means closer integration of national economies through trade and financial flows as well as cross-border migration of people. As national economies "open up" and lower their external barriers, they become more exposed - and more vulnerable - to global forces and influences." 3. "Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and…
- Which of the folowing correctly identifies a result of globalization? O A. Investments in American manufacturing have increased O B. Countries have passed more policies that restrict trade in order to decrease interdependence O C. There has been increased movement between goods, services, and information between countries O D. Most nations have passed laws to create planning boards which set the optimum price for goods MP3) hp10:28 PM O Additional Activities Q1_Week 5- Effects of Globalization and Interconnectedness of People and Nations.pdf A. Explain the benefits of collaboration and cooperation in the activity; "wall climbing"; no tools nor harness were used; just the body to run over the wall. Relate it to the definition of a network. B. The learner locates on a map the workplaces of the OFWS in their cornmunity and writes a reflection naner n the effects of labor migration to tbeir community in relation to GlohalizationConsider the following Ricardian model with 2 countries and 2 goods. The table below provides information on the size of countries' labor force and their productivity in producing each good. India China 60 Labor Supply 350 workers workers Juice 3 workers 7 workers Tea 2 workers 5 workers Suppose Indian workers become three times more productive in producing juice. Does the pattern of trade change? Why and why not? Edit View Insert Format Tools Table 12pt v Paragraph v B I
- Would you consider that imperialism, the policy of extending a country's power ad influence through diplomacy or military force, is similar in any way to globalization, in terms of concepts, driving forces, activities, or net results? What do you think will happen with respect to “globalism” post Covid?How did the U.S. emerge from World War Il as a superpower? O. Although the U.S. entered World War II late, it fought in two theatres, providing it with the largest footprint of any country during the war. And because combat did not occur on U.S. soil (with Pearl Harbor the exception), the U.S. emerged relatively unscathed. Growing tensions with the USSR over postwar borders made cetain that the United States would not retreat into isolationism after the war while the development of the atomic bomb cemented its place as the strongest military power on Earth. O. Because the U.S. entered the war late, it was more refreshed than any other country and was therefore able to engage in a swift and powerful offensive against the Nazis. FDR called for an invasion of Normandy within 6 months of joining the war and within less than a year had pushed Hitler's troops back to the Rhine. When American troops marched into Berlin, the Soviets were still defending Russia. Therefore, the U.S. came…Describe the Pros and Cons of Globalisation in the wave of cross continental, cultural barriers from the perspectives of (a) Global Economy ; (b) Social & Cross Cultural ; (c) Technological of 5G and Digitalisation ; (d) Environmental ; (e ) Legislation. Notes-I need long answer for this homework