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GLOBALIZATION

GLOBALIZATION

GLOBALIZATION By Manuel Cereijo For the first time in the history of mankind, we are in a situation where any product can be sold anywhere and everywhere. This means, in a capitalist economy, every component, every activity, which is more efficient and convenient, and sold more market where profit is obtained. Today, the factors of production-natural resources, capital, technology, and labor, and products and services are moved around the world, and technology is used where it produces more money. The jump of a national economy is a global economy, many times, a very big jump. Hence, the regional free market that exist in the world today. The central conflict in this global economy is the struggle between the forces stun, static, and business forces that break world trade deal. These... Show More

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