ADM 1301 Lecture Notes - Lecture 8: Bitcoin, Movie Theater, United States Treasury Security
Document Summary
In the us there"s debate about how interest rate. Interest up: more profitable to put money in us treasury bill and money flows into the us which drives up the dollar. Economic globalization: integration of fragmented markets into the global economy. Political globalization: the process by which world power relationships change and there is a loss of sovereignty by the state. Social or cultural globalization: the emergence of a worldwide cultural system. Movie theatre: most movies are from the us who are exporting their culture. Bitcoin: some countries using that to make everyday purchases. See other markets and wants their products. Competition is producing similar goods of equal or better quality at a lower cost. Debating these issues a year by year. Industry deregulation (2008 housing prices and economy downfall) Participation in globalization institutions (air traffic control only communicates in. Advances in information and communication technologies facilitate: Increases economic growth, prosperity and opportunity for all participants.