Sociology 2140 Lecture Notes - Lecture 18: Outsourcing, Earth Summit, North American Free Trade Agreement
23 Oct 2017
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Document Summary
Globalization can mean different things to different people. Good aspects to it, and not so good ones. (some people are not benefitting as much from it) Video: globalization the good, the bad, and the ugly. Technologies and liberalization of trade have made it possible to have goods dispersed world- wide. Decrease in cost of trading, reduced tariffs. World economy world economy is more interconnected. International politics most problems (like isis etc. ) cannot be solved by one country alone. These are attempted to be handled by things like eu, g-(cid:1006)(cid:1004) a(cid:374)d uno. Also a lot of ngo(cid:859)s that put pressure o(cid:374) places over the issues. New industrialized countries fair well with globalization, the low wages in these places make their products competitive on the market. This trickles down to all the other people in the country. Ex. most people in china are now out of poverty. But places of sub-sahara africa do not fair as well.
