Global Change Is Very Rapid

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On the other hands, in economic terms, while globalization has brought many new people to the product, such as China's garment, German cars, Indian curry, Colombian coffee, and so on. But undeniable, it is still an impact on the economy. In fact, in recent years, the multinationals themselves in the international flow of frequent, affecting regional economic stability.

Michael Fairbanks(n.d) argues that “Globalization is the tsunami wave that’s coming up on the shores of every nation. And all the rules are changing.”

The most notable feature is the Great Recession – which officially lasted from December 2007 to June 2009,which is began with the bursting of an 8 trillion dollar housing bubble. Loss of wealth caused led to a sharp reduction in consumer spending. This loss of consumption, coupled by the bubble burst triggered chaos in financial markets , but also led to the collapse of business investment . With consumer spending and business investment dried up, the loss of a large number of job opportunities followed . In 2008 and 2009 , the U.S. labor market has lost 8.4 million jobs, or 6.1 % of total employment. This is any economic downturn since the Great Depression of the most dramatic employment contraction . In contrast, began in 1981 in a serious recession , unemployment was 3.1% , or only about half as severe .

Even in the economic contraction stops in the summer of 2009 , its growth has not nearly strong enough to create in order to maintain a normal population growth requires a simple task , let alone put it back to workers who lose collapse backlog of work . Before the early 1990s, after World War II recession , it is an average of 10 months the economy embarked on a recovery during the recession it lost jobs. But in the early 1990s recession , spent nearly two years after the early 2000s recession , it took three and a half years. Unfortunately, the recovery from the Great Recession recovery of the weak pattern of the last two , but there may be a longer timeline . October 2010 after the official end of the recession in 16 months , the economy still has a small amount of 5.4% before the recession job than it began . Therefore, the most serious of the Great Depression brought the two worlds : the extraordinarily severe job loss , coupled with a very slow recovery.

Lost their jobs during the Great Depression , which means the family income declined , poverty increased , and adults and children lost their health insurance . Decline in the real estate bubble burst and the stock market means that household wealth has fallen significantly , as well. This feature highlights the impact of the Great Depression in the labor market and working families .

For this reason, it is significant to see that the second global problem, which people should solve, is economic impact. So that, we must develop policies to prevent a recurrence of the Great Depression. The method of financial reform is the only way that can be improved. Too much of this, Roosevelt Senior Fellow and chief economist Joe Stiglitz(2010) provides an answer. "The question is, will we seize the opportunity to restore our sense of balance between the market and the state, between individualism and the community, between man and nature, between means and ends?" he said, "We now have the opportunity to create a new financial system that will do what human beings need a financial system to do: to create a new economic system that will create meaningful jobs, decent work for all those who want it, one in which the divide between the haves and have-nots is narrowing, rather than widening; and, most importantly of all, to create a new society in which each individual is able to fulfill his aspirations and live up to his potential."

In conclusion, in environmental issues, globalization and environmental damage is proportional If we ignore environmental issues such as global change, even if globalization have been developed, but there will be a lot of people lost their lives because of environmental problems, thus solving environmental problems is by far the full World's most concerned about the need to resolve. And on economic issues, along with social progress, economic globalization is an inevitable result, make people's lives better if the problem is not solved in time, people will face the bubble economy caused by the financial crisis, as one thousand people on the outside will face bankruptcy and career, also need to face inflation. The financial crisis seems to be invisible hand, if there is no good solution to also make a lot of people lost their lives. Therefore, the problem to be solved.