- Briefly describe the assumption of standardizing global new products below. Significant homogenization of world consumer needs and wants. Explain.
- Describe the relationship between global economic trends and sustainable development.
- What are the pros and cons for individual countries and citizens as a result of the process of globalization?
- Do you see the impact of globalization as a positive or negative force? Justify your answer.
- Do you think globalism will lead to increased or decreased security and stability? Justify your answer.
- Determine how each of the business cycles contributed to the expansion of the U.S. economy continuing in 2017.
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