Why Do the Anti-Globalists See Globalization as a Threat to the Home

question 20

Essay

Why do the anti-globalists see globalization as a threat to the home country?

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Definitions:

Social Security Act

A law enacted in 1935 to create a system of transfer payments in which younger, working populations support older, retired populations through a tax-funded social insurance program.

Peace Dividend

The economic benefits resulting from the reduction in defense spending, typically after the end of a military conflict.

Military Spending

The amount of financial resources allocated by a nation for its defense forces and military operations.

Great Depression

A severe worldwide economic depression that took place during the 1930s, affecting most countries, leading to significant declines in output, severe unemployment, and acute deflation.