Week 8

Side Note: After the last class I was thinking in my head why does history repeat itself especially in the aspect of war, peace, and equality. As of right now I can't figure it out much of it since I have no clear reason why it does.

1. What factors contributed to economic globalization during the twentieth century?

In the twentieth century, one of the factors is the Bretton Woods system where it “negotiated the rules of commercial and financial dealings among capitalist countries that promote free trade, stable currency values linked to the U.S. dollar, and the high levels of a capital investment.”  (Strayer) Pretty much states that there is going to be some control of the capital venture and everyone needs to abide them to prevent any great depression. Second factor is technology, which also added to the contribution to economic globalization. Technology helps cut cost on all transportation cost and also communication became quicker through the idea of technology. Just looking from the past to now, but everything has changed into a positive outlook in my opinion. It’s positive because look how much we grew in this globalization by social media. Social media has opened another flood gate for people around the world to explore outside of their realm and also to invent something even better than what the other side of the world has.  This will boost the economy to a much larger scale such as how facebook created a new way to connect people and also promoting  business through their online site. Social media has taken over all aspect of communications and everyone is now moving towards the route of wireless and prefers to interact digitally then in person.

- Throwing off the grid but now speaking on other terms at the end of the book we are now discussing Green and Global

I personally think that as we move more into the future the entire world will go into the idea of going green. In California each county are moving into the whole no more plastic bags into bring your bag to reduce trash and saving the environment. There are now more groups and protester out there who want to end global warming and teach everyone how to consume energy while living under the radar.  Compare to what we have now.