Globalization and the United States

Part 1
Introduction:

Globalization is about worldwide economic activity –
As all of you know, globalization is about open markets; competition and the free flow of goods, services, capital and knowledge. In other words, the world as we know it is getting increasingly smaller with the advancement of technology, i.e.- the Internet, and planes and soon to come out, telecommunication over the Internet, but that’s another story. Because of this technology people around the world are more connected than ever to spread new ideas.
Information technologies are the key driver of globalization, they open up a huge potential for greater efficiency through e-commerce, the Internet and the instantaneous delivery of information anywhere in the world, at any time. They also provide greater access to information and knowledge, THEY are the raw materials of innovation, and spread the free flow of information from all sources, which authoritarian regimes cannot stop even if they wanted to....