ECON101 US Consumers Globalization Winners & Losers

Anonymous
timer Asked: Feb 4th, 2019
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Question Description

TOPIC:

  1. Explain how globalization has changed the U.S. economy. Identify winners and losers, including the U.S. consumer in your analysis.

Instructions:

  • Write a Research Paper with a Body length of 3-4 pages using APA style.
  • Include a Title Page, an Abstract with Key Words, a Body, and References.
  • Double-space your Research Paper.
  • In the Body of your Research Paper begin with an Introductory Paragraph and end with a Concluding Paragraph.

Tutor Answer

achiaovintel
School: UIUC

Hey buddy, please find attached the solution to your assignment

Running Head: WINNERS AND LOSERS OF GLOBALIZATION

Winners and Losers of Globalization
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1

WINNERS AND LOSERS OF GLOBALIZATION
Abstract
Globalization has tremendously benefitted the US economy. As a result of globalization,
US corporations can access a wider market for its products. US-based multinational companies
can also easily access cheaper inputs from foreign markets. As a result, US consumers can get
products and services at more affordable prices. Though the US enjoys net benefits from
globalization, the benefits are not equally shared among the US population. In particular,
globalization has polarized US income distribution to favor the richest individuals and
corporations. As such the richest people are the winners of globalization while the poor,
including US consumers are the losers of globalization.
Key words: globalization, winners, losers, income distribution.
Winners and Losers of Globalization
All countries in the world are impacted by globalization and the United States is no
exception. In its simplest sense, globalization entails the integration of national economies across
the world. It is important to note that though most definitions of globalizations focus only on the
economy, other aspects such as the cultural, religious, political and educational landscapes are
also integrated. Globalization has tremendously benefitted from the exponential proliferation of
communication and transportation technology across the globe (O'Brien & Leichenko, 2003). As
a result of the rapid advancement in technology, national economies ...

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Review

Anonymous
Good stuff. Would use again.

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