Today the USA is facing so many hard crisis moments, globalization being one of them. Globalization is the worldwide movement toward economic, financial, trade, and communicationsintegration. Globalization implies the opening of local and nationalistic perspectives to a broader free transfer of capital, goods, and services across national frontiers. Globalization is when there is some trading between different countries whether its for service or any types of goods. This also specialize in the things they were best at, imported everything they needed to import, and shared ideas and technology. Because of globalization, most of the countries of the world no longer concentrated on local markets. Their focus became on regional or even world markets. It also changed the way they produced goods domesticity including which goods they produced at all. Just because a country might have the resources and ability to produce a particular commodity no longer meant that they would necessarily produce it. If someone else in the world could produce it more cheaply and with a higher quality, they might just concentrate on what they were better at producing.
The way in which globalization impacts my topic of economic depression is that new ideas are being spread out about globalization throughout the world that no one stops and realizes that goods are still being traded and money is being used when the money being wasted in trades can be used for things such as pay better salaries, education, jobs, government help, etc. Now local markets are not used therefore those who have products to give out locally keep their goods and no money is made out of it and that is when they are faced with a bad economic status. People in a community may not have goods being grown by them but there are local markets and yet people go to big markets to but what they please. The reason why people prefer big markets is because the local markets tend to sell products at a much higher price. The reason why this might be is because globalization takes a lot of a single product and sell it cheap in order to profit by selling more and since local markets sell what is offered from around they tend to be more expensive since they are not traded for a good amount.
The Occupy Wall St. Movement can be a part of my issue because the movement is against economic inequality and inequality is what is creating the social classes and aldo makes people become depressed for the situation in which they are living in. Most of the protesters are people who have had a hard time with jobs, education, housing, etc. Being part of the 99% have seen how injustices are actually done. The protesters united to make a change because they are passionate of what they believe in. Seeing that only 1% of the people prosper in the USA anger formed and that is when no more globalization, capitalism, imperialism should be used.