Social Sciences, asked by ashwinwaje3998, 1 year ago

Write an essay on globalization and 21st century

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Answered by time2
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The global financial crisis began to show its effects mid 2007 and into 2008. Around the world stock markets have fallen, large financial institutions have collapsed or been bought out, and even the wealthiest of governments have had to develop rescue packages to bail out their financial systems. Many people are concerned that those responsible for the financial problems are the ones being bailed out. However, a global financial meltdown will affect the livelihoods of almost everyone in an increasingly inter-connected world. This problem could have ultimately been avoided if ideologues supporting the current economics models weren't so vocal, influential and inconsiderate of others' viewpoints and concerns
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