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Describe the condition referred to as capital flight and discuss the conditions that have caused it. How does capital flight precipitate globalization?
Ideal
Government Spending
The total amount of public expenditures by the government, including spending on healthcare, education, infrastructure, and defense.
Pessimism
A tendency to see the worst aspect of things or believe that the worst will happen; a lack of hope or confidence in the future.
Feedback
Information returned to a person or system about the effects or outcomes of an action or decision, used for adjustment and improvement.
Aggregate Demand Curve
A curve representing the total demand for all goods and services in an economy at various price levels, holding everything else constant.
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