World Growth

Well today I found out that I HATE pop quizzes. I never had them in middle school, and this one really sucked. The pressure of the test plus the fact that ROBBIES HEAD IS NOT SEE THROUGH DID NOT HELP. I basically had to contort to see the screen.

    Other than taking that darn pop quiz, we also looked at the pros and cons of globalization.

    PROS

1. Globalization is the logical and natural expression of capitalism

2. The new wealth will spread from rich to poor

3. Each country can produce whatever they need to produce

CONS

1. It’s just not working

a. The rich are getting richer

b. The poor are getting poorer

      2. it’s not fair

      3. The world’s economic system is very unstable

    Fun fact. There are a heck of a lot of people in the world right now. There are over 7 billion people. 90% of pop. Growth is in places that people can afford to survive, aka the poorest countries of the world.