• Author / Uploaded
• OLIVER JACS SAENZ SERPA

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INGLES PROFESIONAL 2 TEMA: GLOBALIZATION

IN ECONOMY APPLIED TO THE PROFESSION.

Presentado por: CORDOVA FLORES, JULIO CESAR LLALLICO PUCHOC LEONEL PEDRO MONAGO ASTUDILLO SHIRLEY RONAL REIGAN VIGILIO CECILIO SÁENZ SERPA OLIVER JACS SANTISTEBAN PAYAJO ARTURO SOTO MARTÍNEZ, MAEL RODBY

2020

DNI: 43068999 DNI: 45380717 DNI: 76002384 DNI: 46899546 DNI: 74981492 DNI: 46770748 DNI: 42041117

THE IMPORTANCE OF GLOBALIZATION IN ECONOMY Globalization has been triggering many positives changes to business, consumers, and the economy world, people are taking more risks a backlash globalization, and all the opportunities are increasing economic freedom more over the past decades. Globalization has a lot of benefits individual economies around the world. It's making that markets are more efficient and there is increasing competition, it's distributing wealth more equitably. (Erixon, F., 2020) At 20th century, agriculture and manufacturing were the two most important sectors almost everywhere, accounting for about 70% of total production in Germany, Italy and France, and 40-50% in the United States, Great Britain and Japan. International trade was dominated by raw materials, such as wheat, wood, and iron, or processed products. (Bornman, 2015) But these types of products are heavy and the cost of transporting them is relatively high. Nowadays finished manufactured products have dominated the flow of trade, and, thanks to technological advances such as lightweight components, manufactured goods themselves have tended to become lighter and less bulky. (National Research Council. 1975) So, less transportation is required for imports or exports. After COVID 19 trade is stopping growing, and it is a great cause for concern us because many factories and business, companies, and factories are spending high percent of money to pay their loans. The globalization has been triggering many aspects of the technological revolution, the automation, and the robotization processes of production and all engineering are involved in this process to make more easiest the marketing of national products. The globalization has been triggering many aspects of the technological revolution, the automation, and the robotization processes of production and all engineering are involved in this process to make more easiest the marketing of national products and export them in short time and a good price. (Erixon, F., 2018) Factories are producing specific machinery to produce new products using natural and local food to use our products and the engineering companies are busy renewing the machinery dedicated to the production of new

products and the industries are investing to manufactures new technology. After all this process new kind of job positions are appearing and companies is hiring young people with a lot of knowledge. To conclude It’s important GLOBALIZATION IN ECONOMY to improve job positions and generate new job opportunities. The best professionals are worried to enhance our technology and most of us don't have enough experience. Most of professionals are developing new kinds of technologies to face new economy professionals need to development new technology to take advantage of us the great varieties of organic products because Peru is one of the riches countries. And After COVID 19 people must think about reengineering and business reinvent. We have been facing a new kind of economic world where people are taking risks to get more money using technology, be practicable and efficient.

BIBLIOGRAPHIC 1. Erixon, F., 2020. The Economic Benefits Of Globalization For Business And Consumers |. [online] Ecipe.org. Available at: [Accessed 29 October 2020]. 2. Bornman, C. (2015, 7 october). International trading. www.englishexercises.org. https://www.englishexercises.org/makeagame/viewgame.asp?id=13054 3. National Research Council. 1975. Materials and Man's Needs: Materials Science and Engineering -- Volume I, The History, Scope, and Nature of Materials Science and Engineering.

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F., 2018. [online] Ecipe.org. Available at: [Accessed 31 October 2020].