Major Demographic Changes In The 2000's Essay

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Major demographic changes happened from the 1960’s through the 2000’s, according to Charles Hill, “As of the late 1960’s four major facts described the demographics: first, U.S. dominance in the world economy and in the trade picture. Second, U.S. dominance in foreign direct investment (FDI). Third, U.S. dominance of large, multinational firms on the international business scene. Fourth, roughly half of the globe were centrally planned economies of the communist world (not surprising they failed so miserably), and was off-limits to western international business.” (2013, p. 16) But much changed in the coming decades; in 1963, the United States led the work in output forty-odd percent compared to their nearest opponent, Germany just under ten percent. Multinational enterprises greatly altered FDI, and because of it we are quite interdependent on other nations. Frankly, that really is …show more content…

Thankfully, between the late 80’s and early 90’s when the cold war ended, democratic revolutions swept around the communist world. Toppling those constricting systems and opening the opportunity for personal freedom and freedom of commerce. Today there are fifteen countries, but many still hold onto socialistic thinking. Thankfully, you can do business in Russia since oil and gas are a major part in their economy. Ben McClure wrote an article in Investopedia.com, he thinks Russia is ‘busting to boom’, “For investors, Russia has ample economic and market growth opportunities…Russia has increased steadily to keep on par with other dominant emerging markets such as Brazil, India and China… Russia has one of the largest populations in the world – around 150 million

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