POG 316 Lecture Notes - Lecture 2: Teenage Pregnancy, Shortage, Nuclear Family

• School: Ryerson University
• Department: Politics and Public Administration
• Course: POG 316
• Professor: Frederica Gomes

Document Summary

New communication and production technology has three major impacts on economy. Increased ability for corporation to move their business from one country to another (pick up and leave to a country where more benefits are provided) 2: removal of trade barriers creates open markets (largely done in order to attract multi- national corporations to invent in canadian markets) Increased ability for corporation to move their business from one country to another; Globalization is allowing corporations to make decisions based on national and international markets. Corporations are tailoring their investment and production (finding countries that accommodate lesser costs) Finding the countries that will accommodate law labour costs and the availability of natural resources. Countries with laws and regulations limiting these goals are largely overlooked. Globalization is allowing corporations to become more powerful than nation states. 40,000 corporations that operate at the international level. 200 of these corporations control 25% of the world"s economic activity.