Business

what is a advantage of the global economy for America workers and what is a disadvantage of global economy for America workers


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Brittany003

2 years ago Comment

Other things to consider:*  Reduces international poverty*  Contributes to the spread of technology*  Adds to the profitability of companies and corporations*  Builds stronger trade ties and dependencies between nations*  Major motivation for moving overseas is to exploit more lax labor laws and low environmental standards*  Homogenizes the world culture, both positively and negatively*  Destroys entire industries in developed countries (e.g. US automakers, textile manufacturing)