Assignment 1: The World is Flat 3.0 (10 points) Listen to Tom Friedman’s MIT talk titled “The World is Flat 3.0” and answer the following questions. Your answers must be short‚ succinct‚ and structured‚ and not of the rambling type. The suggested total length of your answers is 1-2 pages. 1. According to Friedman‚ what are the differences between Globalization 1.0‚ 2.0‚ and 3.0? What was the key driver for each phase of globalization? (3 points) Globalization 1.0 was built around countries having
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Dissecting “The World Is Flat”‚ Thomas L. Friedman “I was in Bangalore‚ India‚ the Silicon Valley of India‚ when I realized that the world was flat.” – Thomas L. Friedman‚ “The World Is Flat” After reading “The World Is Flat” by Thomas L. Friedman‚ I understood the significance of globalization during the twenty-first century. I learned the progression of globalization and the significant changes it has had on the economy and world as a whole. Friedman establishes his text based on the many
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In Part I‚ “How the World Became Flat‚” Friedman visits India‚ where he realizes that the playing field has been leveled‚ meaning that a much larger group of people can compete for global knowledge. He pursues examples of this metaphor in other places‚ such as Iraq‚ China‚ Japan‚ and the United States. Friedman argues that there are primarily ten forces that flattened the world and describes each of the following “flatteners”: 11/9/89‚ the fall of the Berlin Wall; 8/9/95‚ or the date that Netscape
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unfair for the wealthy. Because it is a progressive tax‚ it is higher for people who have higher incomes. People should not be punished for being successful. If a flat tax policy were instituted‚ then it would simplify the complicated tax system‚ create fairness within the economy‚ and promote a desire to thrive financially. The flat tax would simplify the tax system because instead of filling out a variety of complicated forms‚ a person would only need to tell the IRS how much money they make
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An analytic paper on the two books: The World is Flat of Thomas Friedman and Making Globalization Work of Joseph Stiglitz Globalization is process of integration. It is spread all through several fields‚ such as politics‚ culture‚ economy‚ technology and the environment. Internationally‚ these fields are going through a period of conversion and evolution causing this world to turn out to be homogenous and flat. Even nations in the Third World are having the prospects only the developed countries
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Jordan Walden Mr. McAferty AML 2021 20 February 2014 Redeeming Qualities of Characters from “The Outcasts of Poker Flat” In “The Outcasts of Poker Flat”‚ each “immoral” character has redeeming qualities. Mother Shipton‚ a brothel owner‚ is the first to make the greatest sacrifice for another shows one of her redeeming qualities and her motherly nature. The Duchess‚ a prostitute‚ shows her redeeming qualities through being almost like an elder sister to Piney. And John Oakhurst‚ who despite
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In the book The World is Flat: A Brief History of the Twenty-First Century‚ Thomas Friedman‚ who was a foreign affairs columnist for NY Times‚ tells of his journey to India and how while he was there he realized that globalization has changed economic concepts. Friedman analyzes globalization in the twenty-first century and how the world is now at a level playing field in terms of competitors having equal opportunities; hence the title of the book being The World is Flat. He is not talking about
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The Ten Forces That Flattened the World These are the ten factors describing how the world is becoming “flat” or globally interconnected‚ thereby allowing businesses all over the world to compete on a more equal playing field. 1. The New Age of Creativity (the fall of the Berlin Wall) This event “tipped the balance of power across the world toward those advocating democratic‚ consensual‚ free-market-oriented governance‚ and away from those advocating authoritarian rule with centrally planned economies
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big issue in our modern day. What is globalization? Has globalization passed its peak? Is the world flat or spiky? There are several very vocal proponents of an argument that the world has become flat in recent years. However‚ there are some writers have the opposite opinion. This paper introduces both sides of the debate and presents the arguments for and against the idea that the world has become flat in recent years. The term “globalization” today refers to the shift in the world economy. It is
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complicated system that many believe needs to be changed‚ by instilling a flat tax system. A flat tax system is a system in which everyone in the country is taxed at the same rate regardless of their income. Many believe that it is the best system as it is quick‚ simple and fair because no one is taxed at a higher rate solely due to the amount of money they make. The
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