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- 1. qwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmExpository EssayGlobalization, Outsourcing, Wage Inequality3/8/2009Shangz R. Brown D03156905<br />Some say a common enemy brings people together, but what about a common phenomenon. Globalization, outsourcing and wage inequality are three components of the world economy that may bring the human community closer together, albeit kicking and screaming. These three phrases incite strong debate within the labor and trade industries. By pulling apart each term, clarity may emerge to illicit an easier understanding of what is to come as far as the ominous economic future, if it is, indeed, ominous.<br />Globalization is a term to express the phenomenon of growth from a local to an international scale (WordNet 3.0, Princeton University, 2006). According to Moises Naim, author of <br />Illicit: How Smugglers, Traffickers, and Copycats Are Hijacking the Global Economy (New York: Doubleday, 2005), globalization is more than international investments and trade. He concurs with political scientist, David Held, that globalization is a “widening, deepening and speeding up of worldwide interconnectedness in all aspects of contemporary social life (Naim, 2009, p28). <br /> <br />Outsourcing is a term used to express the activity of assigning internal tasks, to external sources. The tasks usually are internal to an organization. Often, outsourcing is a solution to reduce costs and elevate ROI. According to Peter Elstrom of BusinessWeek.com, there is a strong debate about the inherent goodness or badness of outsourcing in relation to the US economy. <br /> <br />Wage inequality is an economic phrase that references an observation of three basic patterns:<br />quot;
First, the overall distribution of hourly and weekly earnings across all workers in the economy has grown wider. Second, consistent with this rise, the wage gaps between workers with different levels of education, especially between college graduates and workers with no more than a high school diploma, have also increased. This rise in “between education-group” earnings disparity, however, accounts for only a modest fraction of the rise in overall wage dispersion because of the third pattern: The variance of wages among workers with the same level of education has also grownquot;
(Wheeler, 2005, p375).<br /> <br />Nothing happens in a vacuum. These economic components are inextricably interconnected. A critical account of each can lay the foundation of how to adjust to current economic changes. It may even lead to identifying altruistic motivations for manifesting changes within the human community.<br />References<br />Elstrom, Peter (February 23, 2007). quot;
The uneven impact of outsourcing - Certain cities hit hard; others remain largely unscathed.quot;
BusinessWeek.com Retrieved March 8, 2009 from http://www.msnbc.msn.com/id/17281339/<br />Naím, M. (2009, March). Globalization. Foreign Policy, Retrieved March 8, 2009, from Academic Search Premier database.<br /> <br />Wheeler, Christopher (May/June 2005). quot;
Evidence on Wage Inequality, Worker Education,<br />and Technology quot;
Federal Reserve Bank of St. Louis Review, May/June 2005, 87(3), pp. 375-93.<br />Princeton University, (2006). WordNet 3.0 Retrieved March 8, 2009 from http://wordnet.princeton.edu/<br /> <br />