PRINCIPLES OF MACROECONOMICS

Factors Affecting Globalization:

Capital Flows
Labor Flows
Technology
Transportation
Communication
Specialization
Economic Growth
Income Inequality
Trade Agreement

Introduction: Of late, there has been a growing debate on globalization. Those advocating in favor, argue that globalization reduces cost of production that helps both developed and developing countries to be more competitive, and in turn, achieve higher economic growth and prosperity. This is done by minimizing inefficiencies in the production systems, liberalizing international trade, free flow of capital and labor as well as transfer of technology. On the other hand, those who stand against, argue that globalization has brought more destruction that construction. As for example, it has led to job losses particularly to national countries as more multinational companies relocate to regions and/or countries where they can benefit from lower labor wages. They go on to say that globalization has also killed local industries as they could not stand competition from multinational companies. For developing countries, globalization has also posed a threat to the agriculture sector as their markets often get flooded with products from developed countries. The above figure is accompanied by a number of factors affecting globalization.

Purpose: This assignment is designed to test your understanding of the definition of globalization, fundamental attributes of globalization and factors driving it. In addition, the assignment is aimed at assessing the degree to which ECON 2010 students can effectively communicate their arguments and influence decision-making.

Approach: Using the following questions below, write a 6-page essay.

What does the term ‘globalization’ mean to you?
Select any two factors affecting globalization and explain how they contribute to the process of globalization.
How does globalization impact you in your everyday life?

Submission of the Assignment: Your essay must be well thought out using complete and clearly meaningful sentences. Use MLA Formatting Style Guide. The essay must have citations. Also include references at the end. On completion, please upload your single Word File document to the ECON 2010 Assignment Dropbox. Also send a copy to the instructor as email attachment.

My Homework Nest
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.