Describe the characteristics of the working class.

1. Describe the characteristics of the working class. Why do you think that consumers in developed nations continue to ignore the conditions under which workers in less developed nations exist and at the same time blame the poor or unemployed in the United States for their plights?

2. Describe the consequences of the industrial revolution on global economy. Explain how the corporation accumulated wealth and power.
3. Is globalization a new force that will destroy the American/Western Institution of capitalism? Is it out with the old, in with the new? Think about some of the effects of globalization on the United States. Cheaper labor is found elsewhere, so capitalism demands moving away from the United States which lowers wages (and the standard of living) by forcing U.S. laborers to work for lower wages.

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