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Globalization has affected the worlds economy by having many different products and ideas to influence the world this has resulted in, a share of ideas and a boost of economy.

By Austins
  • The New World

    The New World
    Globalization has had a mass effect on the world and one of those effects is how it effects the economy. Globalization has had mostly a positive effect on the economy, this has resulted in the shared resources among the world. This is stated in the text, "The impact of globalization on economic growth of countries also could be changed by the set."(PLOS). This tells us that a country that is introduced into the global environment will likely change because they would be treated better.
  • Ideas

    Ideas
    Globalization has lead to a flux of new ideas which has allowed major change of how we think as a people. These ideas have influenced our modern day culture, these impacts play a huge role on a day to day basis. This is stated in the text, "Improved transportation and communication facilities are among the many benefits of our globalized world"(PMC). This explains how the share of ideas has lead to the better use of technology.
  • The two In One

    The two In One
    The use of Globalization as a tool to a better society has been mostly successful. Globalization has inspired countries with poorer governments to change there ways and mimic successful governments. The exchange of ideas has also allowed the improvement of government to fit the needs of the many. This is stated in the text, "World Wide Web is becoming more and more accessible, facilitating the exchange of ideas"(PMC). This is explaining that with technology we can communicate are ideas.