Based on the three definitions of globalization, what is your impression of this issue? What is your definition of "globalization." Explain why you think (or don’t think) globalization is important to each person’s life. Do you feel it is important to your life? Why or why not? Explain your opinion.
In the video "The People's Republic of Capitalism," the interconnected relationship between China and the United States is explored. The program looks at Mexican migrant workers in North Carolina to a Chongqing teenager working on a boombox assembly line; quality control inspectors at Ethan Allen to a Chinese homemaker shopping at Wal-Mart in Chongqing; and laid-off workers from Briggs & Stratton's Rolla, Missouri, plant to the American who runs the Briggs & Stratton plant in Chongqing.
By looking at the complex issues of globalization, consumerism, world economics, and U.S. culture, do you now understand how the global marketplace is changing? Describe why American companies outsource to China. Identify the pros and cons of U.S. production in China. What differences are there between the way things are done in China and the way they are done in the U.S.? Do you think the general public fully understands how the global marketplace works? What does this mean for the future? Explain your thoughts as fully as you can.
In Seattle (1999) and Hong Kong (2005), many people got violent about globalization. Consider the benefits and problems with globalization and write your opinion those who protest. Do the protestors have a legitimate gripe with the World Trade Organization and World Bank? Will the protests achieve anything. What do you think should be done about those who feel shut out from globalization? Ultimately, will globalization benefit or hurt all countries of the world? Is there a solution that will benefit both sides? Is globalization the natural course of economics? Is globalizations something that should be stopped or slowed? Explain your opinion.