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Monday, December 30, 2013

The world is Flat, Globalization, Microeconomics,Technology, outsourcing, fiber Optics, Off shoring

Over the past few decades, globalization has put a major(ip) effect on the solid ground, and the constant evolving of technology has caused great ingestion between corporations and nations. As Thomas Freidman explains in his book, ?The World is sequential off?, globalization has flattened our economy; our ?developing world?. Technologies much(prenominal) as the internet, Netscape, pay pal and eBay have aided in this process, as well as business strategies such as offshoring, insourcing, open-sourcing, and outsourcing. The innovation of new resources and technologies have affected the world?s policies, standards of living, and priorities. Before the outsourcing of grapheme optics, the only way to become well-heeled was to move to the States and work. In 1951, India created India?s Institute of Technology, a schedule which gave great education in science, mathematics, and engineering. After the students became educated, they would liter wholey be shipped to the United St ates and work for the Statesn companies. Natives of India became American?s ? mind?. This was a great advantage to America because they would get guide of these highly educated individuals and have them work for minimal pay. ?It was as if someone installed a brain drain that filled up in New Delhi and emptied in Palo Alto?(105, The world is Flat). When eccentric optic cables were invented in 1996(because of Netscape) Indians no longer had to come to America to work.
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Instead, they were able to communicate with their American companies through ?digital railroads? and never have to leave their homes or families. Prior to this, India had no resources and no contact with the rest of t he world. As a nation, it possessed the k! nowledge service and the ideas but lacked financial support and resources. Fiber optics gave India all the resources they needed. It gave them a FREE ride to any resources they wanted, including unlimited randomness by use of... If you want to get a spacious essay, secern it on our website: OrderEssay.net

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