These scholars use a technological, political and economic lens to interpret globalization as an ongoing process impacting the world.
The major changes in technology, the political structure (colonialization/imperialism) and the prevailing economic system (capitalism) created these eras of globalization 1.0 (1492-1800); globalization 2.0 (1800-2000) and globalization 3.0 (2000-present day).
First, identify and discuss the above political and economic processes that contributed to the current world system where core countries have the most advanced technology, high levels of productivity within diversified economics, dominate trade and enjoy high per capita incomes.
Secondly, compare one of the core countries to a periphery country (such as Bolivia, Rwanda, or Botswana, your choice). Use the CIA Fact-book or United Nations data to access information on the following vital stats for comparison: economy (GDP per capita, percentages of citizens employed in major sectors of the economy primary, secondary, tertiary and major exports), life expectancy, education / health spending. It would be easiest to do this part in a chart format.
Thirdly, discuss why one of these countries is more economically developed than the other. Different countries have site locational benefits such as natural resources, favorable climate, soil, and situation benefits such as favorable location. Discuss if there is an economic difference between the two countries and why there is such a disparity between the two countries. (levels of technology, political structure and the prevailing standard of living). By apply Friedman’s theory of a Flat World 3.0, do you believe the impact of technological globalization is a positive or negative force in the 21st century? Why?
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