The Biggest Challenges Of Globalization In The United States

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Globalization refers to world economy, culture, political, trade and technology. The Globalization in business sector means to exchange of good and services, means of transportation, currency exchange, travelling, importing and exporting of technology etc. from one or more countries respectively. In 20th century, United States had invented new innovative measures and launched new technology lead to improve in the economy. The standard of living of people has improved among American consumers. During 1930’s the United State face the biggest challenges in the world. The Government expenditure were higher than the consumer spending. The taxes were reduced due to the recession. During 21th century United States has advanced

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