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“Globalization and Multiculturalism”

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“Globalization and Multiculturalism” President Clinton was dubbed the “globalization” president because he believed in the U.S. could replace the strategy of containment with humanitarian goals, but more importantly enlarging the world’s free community of market democracies under the leadership of the United States. Globalization is a combination of economic, technological, sociocultural, and political forces. During Clinton’s first term, he pushed through Congress two major trade agreements to expand markets and encourage “free trade.” “Approved in November 1993, the North American Free Trade Agreement (NAFTA) eased the international flow of goods, services, and investments among the United States, Mexico, and Canada by eliminating tariffs and other trade barriers.” President Clinton’s second trade agreement, which led to the establishment of the World Trade Organization (WTO) in 1955, continued the GATT policy of keeping tariffs low on thousands of products throughout the world. “Critics and supporters argued over whether these trade agreements would encourage global competition, thereby boosting American export industries and creating new high-wage jobs for American workers, or simply erode the U.S. industrial base and accelerate environmental degradation.” Globalization and multiculturalism has had a major impact on the world since the 1990’s and beginning of the 21st century. Local consumer products have spread to other countries, for example McDonald’s, increase in immigration, and greater international travel. Economically, there is a global market that is based on the freedom of exchange of goods. However, because of the relationship between these markets, an economic collapse would cause the entire world to suffer economically. There have been great advances in media over the years. For example, the internet is a major contributor to the

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