Welcome to my wikispace!


We are all considered to be consumers. We make decision on what to buy and that might cause a huge impact on the supply and demand. So we as the consumers control the economy. However, as years and years pass by, countries are more interdependent with each other and result economic globalization. In this wikispace you will learn all about economic globalization.

Globalization and free trade do spur economic growth, and they lead to lower prices on many goods.
~Robert Reich

Some Key Terms:
  • Economic Globalization
  • Transnational Corporation
  • Out Sourcing
  • Economic Depression
  • Privatization
  • Trade Liberalization
  • Free Trade