Globalization In The United States Chapter 1 Summary

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In this last chapter we see globalization occurring throughout the world, and a global economy is starting to emerge. In America we see the signing of the North American Free Trade Agreement (NAFTA) which allows more access to trade between American, Canada, and Mexico do to no Tariffs between the nations. We also see the formation of the World Trade Organization (WTO). At first many Americans were against this organization but by the end of the decade everyone could agree that globalization was occurring and America had to become a part of these trading nations. With globalization though came a rapid spread of Capitalism across the world. With the technology revolution in full effect, Personal Computers and the internet became a large part