Technology and Globalization
Many experts assert that globalization has essentially made us less independent and more closely connected to other people than ever before. This enhanced connectivity has important implications for individuals, small businesses, corporations, and governments. Thomas Friedman has been a strong supporter of globalization and emphasizes the benefits of globalization’s technologies and outcomes. Do you agree with his view? Why or why not? What are some of the challenges experienced by governments that are associated with globalization? What are some of the challenges experienced by individuals?
Globalization is a complex technology that is dominated by the principle of reducing trade barriers between countries and stabilizing currency exchange and developing consistent business laws between countries. The US government was the primary supporter of this concept. What do the results show? American’s like to think of themselves as free and independent individualities, free to make our own decisions. Yet how can that be when a war in one part of the world can double the price of gasoline or when wealthy foreign countries stop buying our bonds, jobs are outsourced or