5. In the United States, for instance, giant multinational
such as Citibank quickly emerged.
6. The search for greater
efficiencies prompts many
employers to offshore
(export jobs to lower-cost
locations abroad). Many
employers offshore even
highly skilled jobs such as
sales managers, general
managers, and HR
7. As economies boomed, more businesses and
consumers went deeply into debt. Homebuyers
bought homes, often with little money down. Banks
freely lent money to developers to build more homes
8. Well…have you had experiences how
easy to lend money from the banks?
Next, let’s try to understand how the
nature of work changes in globalization!