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10 December, 20:24

Based on our current social and economical situation, how has movement changed or is changing in NYC?

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  1. 10 December, 20:40
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    No region in New York-and for that matter, no

    place in the United States-has been spared from

    experiencing negative impacts from globalization. As

    just one example, while New York City has by and

    large benefited from global economic changes, since

    the 1960s nearly 300,000 of the city's apparel manufacturing jobs have moved overseas or were eliminated in large part due to foreign competition.

    Few places in the world have benefited more from

    globalization than New York City. This is largely

    because it has built a vibrant, globally-competitive,

    knowledge-based economy that has generated enormous new wealth. The unmatched pool of highly educated workers from around the U. S. and across the

    world is a big reason for the city's success, as is its

    formidable clusters in several sectors that are benefiting from globalization-from finance and fashion

    design to legal services.
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