team7___presentation

team7___presentation - Effect of Globalizationtransfer of...

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Effect of Globalization- transfer of manufacturing and high-tech jobs to underdeveloped countries Christian O’Connor Michael Erhardt Adam Spieker Tom Tracy RJ Rampersad
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Globalization Globalization is about what is happening to economics on the world scale Developed countries vs. developing countries Developed countries posses modern industry & technology Developing countries have much lower incomes & large groups of impoverished people.
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The Effect of Globalization on Developed Countries Too early to see all effects. Will help struggling American Companies Good for economy but may be bad for labor force
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Effect on Developed Countries’ Workers American job losses Laid off workers returning to college Engineers turning to Research and Development Lower incomes
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Globalization in Underdeveloped Countries Help countries advance. Countries include: India Costa Rica Influx of foreign money helps economy Local engineers can work in home country
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This note was uploaded on 12/11/2011 for the course EML 3004c taught by Professor Staff during the Fall '11 term at FSU.

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team7___presentation - Effect of Globalizationtransfer of...

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