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Essay / Research Paper Abstract
This 6-page paper discusses the rise and fall of globalization during the 20th century including events that disrupted it such as two World Wars and the 1930s Depression. Bibliography lists 4 sources.
Page Count:
6 pages (~225 words per page)
File: AS43_MThistinec.rtf
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Unformatted sample text from the term paper:
the 21st century - this is not the first period of time during which the U.S. has been involved with, or benefited from, global trade. The idea behind globalization -
the movement of goods, services, capital and labor across borders with few obstacles - is to help balance the wealth and opportunity between countries. But there have been times throughout
history during which the United States, and others, said enough was enough and shut down the borders. Such isolationism, in fact, meant the U.S. didnt enter into the two World
Wars until well after their launch. In fact, its unlikely the United States would have played much of a part in World War II had the Japanese not attacked Pearl
Harbor. Harold James points out that institutional collapses and responses to those collapses is what tends to bring financially driven globalization to
a screeching halt1. He points out that in reaction to the recent financial crisis, most countries (the United States included) are taking a second look at the wonders of globalization
and are attempting to bring things back internally. Buying American is chic once again, as buying American means more money goes to American businesses.
As well see in this paper, globalization is not a new concept; typically, for globalization to happen, a series of political, economic and social factors need to be
in play, both for it to be successful and for its collapse to occur. The International Political Stage Though the economic
stage a century ago was fairly similar to what it was at the dawn of the 2000s, from a political perspective, there were many differences. Monarchies were the norm; the
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