This is an extremely complex question that is very difficult to answer here. Essentially, our the world is becoming more gloabilzed (the process of globalization) economically. Unlike economic imperialism from the 16th through 19th centuries, more developed countries are exporting raw materials and jobs to other countries where manufactured goods can be developed at a much cheaper cost. Those developed countries are replacing those manufacturing jobs with more specialized service-based or tech jobs. In effect, this should ultimately lead to an overall increase in the standard of living for all parts of the world. Critics of globalization argue that the rate of new jobs developing is much slower than those jobs that are being exported. This, in effect, is the most significant effect of imperialism on the world today.
Popular QuestionsBrowse All
Latest answer posted February 03, 2021 at 6:26:14 PM
Latest answer posted August 03, 2011 at 2:13:13 AM
How does the saying "ang hindi lumingon sa pinanggalingan ay hindi makakarating sa paroroonan" relate to history?
Latest answer posted October 06, 2019 at 11:40:56 AM
Latest answer posted February 01, 2021 at 10:40:06 PM
What were the 3–4 most significant differences between ideas of regional identity in the North and in the South during the Civil War?
Latest answer posted January 15, 2021 at 11:09:50 AM