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 terra firma, and the constant evolving of technology has caused great object between corporations and nations. As Thomas Freidman explains in his book, ?The World is dandy 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 grow was to move to the States and work. In 1951, India created India?s Institute of Technology, a political platform which gave great education in science, mathematics, and engineering. After the students became educated, they would liter all(prenominal)y be shipped to the Unite d States and work for the Statesn companies. Natives of India became American?s ? mindset?. This was a great advantage to America because they would get practice 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 character optic cables were invented in 1996(because of Netscape) Indians no longer had to come to America to work. Instead, they were able to communicate with their American companies through ?digital railroads? and neer have to leave their homes or families. Prior to this, India had no resources and no contact with the rest of the world. As a nation, it possessed the word of honor 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 information by use of... If you want t! o get a entire essay, secern it on our website: OrderEssay.net

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