Globalization Jaime Delarosa

Introduction This presentation will be a small but insightful glance into Global Economics We will cover -Globalization in respect to economics and politics -Reasons for Globalization in the economic sector -Dangers of Globalization in economics

Globalization Describes how the world is becoming increasingly interdependent in finance, culture and in politics

Economics Global economics refers to the integration of economies around the world. Example of global economics cross-country trade in a good or service. Such as someone buying a toy made in China in the U.S

Political Is the integration of governments for political references Global organization encompass this such as,The United Nations, The League of Nations, North American Treaty Organization.

There are many reason for Globalization in economics Growth in the wealth of nations Since countries can now specialize in certain areas it becomes more efficient to produce things It increases employment as well Globalization in Economics

Dangers As with all things there are negatives to Globalization as well. Loss of identity Unwanted inflow of goods into countries(i.e., drugs, people, weapons)

Dangers (continued…) Competition- Usually the bigger you are the more business you have, so multination corporations have the ability to wipe out other competitors Mistreatment of workers in foreign countries The breaking of laws to fit the needs of companies

Conclusion Although there are many negative things that come along with globalization, the economic part is beyond a doubt necessary for this day and age. It brings together the world so the anyone anywhere can sell anything to someone else in a totally different place. I am in favor of Globalization it makes sense.A united world through commerce