What are some of the pros and cons of globalization?

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Words: 257
Pages: 1
Subject: Economics
Topics: globalization, International Monetary Fund, technologies
Review the Epilogue section of the textbook (pp. 435-440). Answer the following in a minimum of 100 words by Friday and respond to three other students in a minimum of 50 words by Sunday. This connected discussion is an informal discussion and citations are not mandatory. Open up and share your thoughts on your chosen prompt and remember to be respectful of the feelings of others!

Discussion Questions:

Epilogue – A Global Civilization (pp. 935-940): The world has changed immensely since 1815. New technology and advanced communications have contributed to what is known today as globalization. This can be defined as the ways that nations and populations have become interdependent on each other. The global economy has become an issue with the establishment of the World Bank and the International Monetary Fund (IMF). Globalization has both pros and cons for many nations as the world faces challenges with the environment and hunger.

As you review the following materials, consider how the world has changed since 1815 (Chapter 19). What is meant by globalization? What technologies have caused the greatest changes? What are some of the pros and cons of globalization?

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