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The decline of trade and investments can include international trade, foreign direct investments (FDI), and the restrictions being removed from FDI by many countries. Technology plays a significant role in driving globalization as well. Some examples of this include the internet and World Wide Web, transportation, and communication (Hill, 2002, p.8-13) .
Globalization effects just about everything and everyone. Locally, globalization has impacted technology and helped our community become more up-to-date with internet usage and communications. An increase in foreign residents has become the norm in our local area, and local businesses have begun to outsource jobs to remain competitive...
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Common topics in this essay:
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