Globalization and its effects on the economy
Order ID:89JHGSJE83839 Style:APA/MLA/Harvard/Chicago Pages:5-10 Instructions:
Globalization and its effects on the economy
Globalization refers to the process of increasing integration and interconnectedness of the world’s economies, societies, and cultures through the growth of international trade, investment, and communication. The effects of globalization on the economy can be both positive and negative, and they can vary across different countries and regions. Some of the key effects of globalization on the economy are:
Increased trade: Globalization has led to an increase in international trade, which has allowed businesses to access new markets and consumers to access a wider range of products at lower prices. This has helped to increase economic growth and reduce poverty in many developing countries.
Investment flows: Globalization has also led to increased flows of foreign investment, which can help to boost economic growth, create jobs, and promote technological progress. However, there are concerns about the potential negative impacts of foreign investment on local communities and the environment.
Greater competition: Globalization has led to greater competition among businesses, both domestically and internationally. This can lead to increased efficiency and productivity, but it can also lead to job losses, particularly in industries that are unable to compete with cheaper imports.
Economic interdependence: Globalization has increased economic interdependence among countries, making them more vulnerable to economic shocks in other parts of the world. This can lead to financial crises and recessions that can have significant impacts on people’s lives.
Cultural exchange: Globalization has led to greater cultural exchange, with people from different countries and cultures coming into contact with one another more frequently. This can promote greater understanding and tolerance, but it can also lead to cultural homogenization and the loss of local traditions and values.
Overall, the effects of globalization on the economy are complex and multifaceted. While globalization has the potential to bring significant economic benefits, it also has the potential to create new challenges and inequalities. It is important for policymakers to carefully consider the impacts of globalization and to take steps to address its negative effects, while also promoting its positive impacts.
Globalization and its effects on the economy
RUBRIC
Excellent Quality
95-100%
Introduction 45-41 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Literature Support
91-84 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Methodology
58-53 points
Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score
50-85%
40-38 points
More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.
83-76 points
Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.
52-49 points
Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality
0-45%
37-1 points
The background and/or significance are missing. No search history information is provided.
75-1 points
Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.
48-1 points
There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
You Can Also Place the Order at www.collegepaper.us/orders/ordernow or www.crucialessay.com/orders/ordernow