scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 874
Globalization More then a decade ago world was divided into two halfs capitalistic and communistic Cold War era had its own rules and ideas Technology wasnt as advanced foreign relations and politics werent moving anywhere Things were fixed and stable Everything was pretty much frozen Thats why it was called Cold War era But after the fall of Berlin wall in 1989 things have changed dramatically and globalization turned its wheels on the highest level One of the current globalists and writers Thomas Friedman calls globalization in his book The Lexus and the Olive Tree Understanding Globalization as a new international system Friedman He describes it as an integration system of markets and nations where things are a lot faster and cheaper then ever before Its defining measurement is a speed It is a system of new technologies digitization communicating and most known the system of Internet I liked how Friedman described globalization into one word the WEB Friedman The main idea of it is free-market capitalism It is the opening countrys economy to free trade and foreign investments A big part of globalization is also the Global Economy World Economy is operating of the entire globe with boundaries far larger then that of any political unit where there is an ongoing social division of labor with an integrated set of production that relate to each other through market Brown There are three major economic perspectives that describe different point of views on economy in the state and nation The first one is economic nationalism In another words economic realism Economic nationalism assumes that politics should be a primary concern of economics Nationalists say that state should act on its own best interest in market National interest is the number one factor DrButenhoff Nationalists believe in the primacy of the state its security and military power in order for it to work in international system They believe that economic activities should be merged toward
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA