How Does Globalization Affect The United States

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Globalization is the term used to describe the extensive economic ties between the world's nations. The fluctuation that is due to the interconnections between production and trade affects the entire world's economy. This intern has influenced the United States economy along with the income and wealth inequality. The majority of the wealth in the united states is held by the top one percent also known as the power elite. They have the means to control the US economy, media, and government. The power elites have created an economy in this country that it is almost impossible to move up the social classes. They have made it so that the wealthy continue acquiring wealth and the poor stay within their social class, which allows them to exploit

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