The events leading up to and immediately after World War II underscored the need for more open borders to facilitate a freer flow of goods and services. This need, in turn, contributed to a rapid increase in international trade and globalization during the second half of the 20th century. Your readings this week examine the rapid rise of globalization and its effects on markets, products, consumers, workers, businesses, and countries.
- Why did globalization expand so rapidly in the post–World War II period and what were the drivers of global expansion?
- How do the drivers of globalization today compare to the ones in the post–World War II period?
- What are the consequences of globalization for businesses and countries?
- What role do the international institutions play in promoting or hindering globalization?
typically be 3–4 paragraphs in length as a general expectation/estimate.