Instruction
Please answer the following in about 400 words. Observe the word count and cite your sources.
1. What do you think are the advantages and disadvantages in the theories of Smith and Marx? Which do you think would be most applicable and workable in today's societies, rich and poor?
2. How has globalization changed economies and the lives of workers? Is it likely to lead to greater poverty or greater prosperity? What factors support your point of view?
3. What is your view of mega places like Wal-Mart? What do you think is better for societies at large: having mega stores like Wal-Mart, Costco, Home Depot, etc, or having the small businesses thriving in their communities as they used to? Think of as many ramifications, positive and negative, for the mega stores as possible.