Social Studies, 05.05.2020 19:12 contrerasdaisy100

How does globalization cause the foreign sector to influence the economy?

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The foreign sector influences the economy due to globalization in the way how the imports and exports of a country move between consumers and the firms. It affects the income and economic growth for developing countries whereas the prices are reduced in developed countries due to low labor rates in developing countries which are made achievable by globalization.

It also affects the cultures of each country where trade is being performed.

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the rebels’ chances of victory at lexington & concord were fairly slim, given the fact that most of them very untrained and they were up against the world's greatest military force.

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question 1

the reasons for the global discontent in the early 1900s were the following:

desire for independence was the main fight of many territories which were still under the control of colonial powers. dissatisfaction with peace terms of wwi . the best example is the case of germany, that was forced by the peace treaties to pay very expensive war reparations to the winners of wwi. some time later, german leaders broke relations and stopped recognizing the authority of those who imposed sanctions on their country, counting with the support of the population that was suffering the important economic consequences of the payment of reparations. overproduction of consumer goods which led to hyperinflation scenarios and very week currencies and economies.

question 2

the reasons for the great depression were the following, and these led to wall street crash in october 1929 and caused the subsequent great recession period.

high personal debt, that ended up with many bankrupt investors. falling stock price as everybody was getting rid of the stocks, many because they could not meet the amounts of money required by the margins that backed their investments.

question 3

italy: led by the fascists and benito mussolini and promised to restore the greatness of the roman empire. germany: led by adolph hitler and the nazi party and conducted anti-jewish riots in austriajapan: was controlled by aggressive military leaders and invaded countries for their resources

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