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here ends my assignment

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What will the international economic order be like as a result of globalization?

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With the global crisis we are facing now due to COVID-19, what is the future of globalization like?

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click photo to expand

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Online Teaching Tips for Teachers Infographics

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I decided to make a simple infographic showing the chief drivers of economic globalization.

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I decided to make a simple infographic showing the chief drivers of economic globalization.

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Not only did neoliberalism redefine the role of the state, it also intensified the speed and depth of globalization, which radically transformed the economy. And as I have understand, I believe that with the presence of neoliberalism, which provides focus on the presence of free market, the constituents of that particular country may grasp good mobility, services, technology, and other resources. In this case, with these good resources for the people, this may reflect on to the economy's success leading to possible economic globalization. Moreover, with neoliberalism, I suppose, will not only affect but also strengthen the connection of the people to their nation.

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Mustard Black Minimalist Etsy Shop Icon (3)

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Mustard Black Minimalist Etsy Shop Icon (1)

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mobility of people, capital, technology, goods and services internationally

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ideology and policy model that emphasizes the value of free market competition

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Blue and Pink Retro Parenting Lifestyle and Hobbies T-Shirt (1)

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Blue and Pink Retro Parenting Lifestyle and Hobbies T-Shirt

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With these positives and negatives to consider, including the options for innovation, freedom of choice, and competition. It can also be problematic in the fact that a free economy will not invest in itself unless there are profits to be made.

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1. Capitalism eventually leads to inequality.
2. Capitalist economies do not always stay in a pattern of growth.
3. Wages creep lower as more capitalism tendencies appear.
4. Governments use taxation as a way to fund their operations.
5. The capitalistic approach doesn’t consider ongoing opportunities.

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1. Capitalism provides consumers with choices.
2. There is a greater efficiency to the economics.
3. Capitalism allows the marketplace to set prices instead of the government.
4. Capitalism attempts to limit government spending.
5. It embraces the idea that borders can help the economy.

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Before we start, let's define Capitalism.

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Before we start, let's define Capitalism.

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It is an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.