Globalization is basically what the internet accomplished when the world wide web united people from all over the world with information through computer networks. The internet networkings brought the world together globally.   So how has the rapid paced technology changed  the nation's economy. 

The globalization is so important that President Obama has appointed an internet Czar to provide security to the national government networks.   Will the internet Czar that President Obama selected be the magic needed to help get the economy into recovery and out of the recession.  Will President Obama with the power to shut down the internet, dare make such a move knowing the globalization of the economy? The state of the economy "green technology side" is only a part of the problem that started the recession in December of 2007.  Globalization, can however reduced the expensive cost of paper in process and can save the government and consumer money that will help the economy move along out of the recession.

Entrepreneurship is a great working tool to help to recover the economy.  Small businesses Should participate in the globalization of the economy that can expand their businesses and increase profits.  The benefits of globalizaiton is free trade and open markets.  Enterprise and small business venture are what makes up most of American businesses in these markets.  Most businesses in America are small business that employ less than ten people.  However with the globalization of internet resources and information, these small businesses can work on the same level as much larger businesses that employ many more people.  Globalization has a equalizing factor with small businesses and puts them on the same  businessplatform to compete with companies on a much larger scale.

According to Business Week publication, globalization has virtually lifted people out of poverty and given them an opportunity to participate in the economy's globalization in a profitable manner. Worldwide entrepreneurship and enterprise merchandising has globalized places like America, Britain,India and China.

Globalization is here to stay and as a major force in can turn the economy around not only in America but for the rest of the world. Globalization also makes capitalism work for the good of the people, internationally.