Friday, July 10, 2015

Global Economy and Globalization Essay and Project


                                                            Clothing
Item
Company
Country
Shirt
Izod
Kenya
Jacket
North Face
Indonesia
Jeans
Levis
Mexico
Underwear
Calvin Klein
Bangladesh
Shoes
Nike
Vietnam
Leather Jacket
Diesel
Tunisia
Cleats
Adidas
Indonesia
Shirt
Zara
Bangladesh
Boots
Timberland
Dominican Republic
Wind Breaker
Under Armour
Jordan


                                                            Electronics
Item
Company
Country
Cell Phone
Apple
China
Wireless Keyboard
Logitech
China
Laptop
HP
China
TV
Toshiba
Japan
Hair Clipper
Wahl
China
Refrigerator
Frigidaire
Mexico
Washing Machine
Samsung
Japan
Dishwasher
Whirlpool
USA
Dryer
GE
Mexico
AC
LG
Japan

                                                 Durable Household Goods
Item
Company
Country
Pistol
Smith & Wesson
USA
Car
Chevrolet
USA
Motorcycle
Honda
Japan
Lawnmower
Honda
Japan
Toolbox
Snap-on
USA
Drill
Dewalt
China
Furniture
Ikea
Sweden
Cup
-
China
Fauce
Grohe
India
Bedsheets
Ikea
Sweden





After placing dots on the map the big picture becomes much more clear, Southeastern asia plays a very important role in the world economy especially china. What surprised me the most is the european absence in the map, I think this is due to their manufacturing principle, quality over quantity. China holds the most manufacturing origins out of all of my items, even though some of the companies are based and headquartered in the western world yet their products are produced in China and other countries, this is clear to see in United States case, many of the American car brands produced in mexico though their headquarters is just across the border.

I think with globalization all countries are connected to the global economy whether they hold a position of importance that varies widely. For example African countries are seen as limited producing countries and more of consuming countries. This is also seen in the Middle Eastern region as well. Globalization made different regions of the world have different duties in the world economy whether producing or consuming countries all countries do have certain duties.


The European absence can be explained by the production of fine products means that they favor quality over quantity, European vehicles are relatively expensive and wit the large price tag they make up for the low numbers sold. Another good example on this would be swiss watches, one Swiss watch could be worth thousands of cheap chinese ones, so yes china will show up more on the economic regional map but the absence of the european industry means its exclusive and limited to certain numbers.

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