This topic contains a solution. Click here to go to the answer

Author Question: Globalization, the spread of free trade, free markets, investments, and ideas across borders, is a ... (Read 85 times)

kaid0807

  • Hero Member
  • *****
  • Posts: 515
Globalization, the spread of free trade, free markets, investments, and ideas across borders, is a controversial subject. Frequently, people protest against corporate-led globalization.. Are the concerns about globalization justified, and why or why not?

Question 2

One rationale for a substantial portion of the world population living near the coast is the cost of air freight, which can cost _______ times as much as ocean freight.
 a. three
  b. five
  c. ten
  d. twenty
  e. fifteen



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

catron30

  • Sr. Member
  • ****
  • Posts: 297
Answer to Question 1

 The world's poverty rate has been cut by half since 1990.
 Thanks to the redistributive powers of globalization, the ranks of the middle class have grown in LDCs in recent years.
 Improved and more widely available education, much of it facilitated by graduate study abroad (especially in the US), has generated a surge of human capital fit for placement in the knowledge economies that generate a growing portion of the world's economic capital.
 Globalization is credited for this transformation, with more economic as well as human capital entering the system: taxes have been lowered while wages and foreign investments have grown in the BRICS and other emerging market economies.
 Globalization moves jobs to where wages are low, and so growth in the LDC middle classes is tied directly to losses in the MDC middle classes.
 Income inequalities certainly are growing in the MDCs, and especially in the United States.
 These income and wealth inequalities are bad news: they erode social cohesion and increase the scope for internal conflict.
 Globalization weakened the unipolar dominance of the United States in economic, political, military, and cultural matters, and through a momentous tilt of power, we have entered a new multipolar world, according to many observers.
 One very hopeful trend accompanying globalization is that the flow of information is becoming more democratized.
 Another plus of globalization is that it has given people everywhere access to the cultures of others.
 The same revelation of cultural wealth that invites us to appreciate others also makes it possible to revile others in thought (especially through writing on the Web and social media) and in deed.

Answer to Question 2

D





 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library