Monday, March 2, 2015

260-400 "The World is Flat" The Ever Continuing Economy

1) What is free trade? Do you personally think free trade is important? Why or why not?

Free trade is essentially and open market across the globe.  This means there are little to no restrictions on imports and exports around the world.  Some governments will still include tariffs or taxes, to imported or exported goods, but essentially you are free to buy are sell to anyone in the world.  When it comes to if it is important there are two points of view.  One says that the global economy does better when we are free to trade amongst one another without government regulation.  The other point of view says that with so many countries emerging into the global economy it cannot self sustain itself due to the variation in cost of living and manufacturing.  I happen to side on the point of view that the world economy works best without regulation.  I think this because it is currently working just fine and once restrictions get put on the market it typically hurts the market share.

2) What skills and personality traits make a "new middler?"

First I will give background on what a new middler even is.  Now that the world is becoming more automatized and digital, a lot of middle class jobs are now being fulfilled by electronics.  Thus creating the new middler’s, which must adapt to this more technological world.  New middler’s must become familiar with technology now that, most jobs are going into this category.  These jobs take a lot of patience and fewness, so a new middler must have an open mind and be willing to learn.  Which I fully believe is necessary in this new world.

3) What is CQ + PQ > IQ? And why is it important?


What Friedman is arguing is that CQ or Curiosity Quotient and PQ or Passion Quotient is more important that Intelligence Quotient.  With the world changing so quickly now days, it is more important to be willing to learn then to hold on to your past knowledge.  You’ll always have to keep continuing your intelligence with each continuation of technology.  This is of course very true, but it also helps to have smart people doing smart work.

No comments:

Post a Comment