workers in the global economy,”Workers in the global economy are oftendependent on circumstances outside oftheir control for their subsistence.Industries, such as tourism, can provide asource of income for locals, but it isdependent on global demand and thebalance sheets of multinationalcorporations.Similarly, workers in the United States areleft unemployed when factories relocateto places with lower labor costs.Finally, illegal migrant workers, who leavetheir homes to look for new jobopportunities in other countries

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Water,”Water is fast becoming the majorresource issue in the twenty-firstcentury. Water is crucial to the functionof almost all aspects of the economy.• Disputes over water are becominggeopolitical issues. In addition, becauseclean water has become a commodityrather than a free good, (as it wasbefore modern times), prices canincrease so much that the poor loseaccess to water, affecting health andsanitation.• Even though humans only need 5-13gallons of water per day for basic needs(including drinking, cooking, andbathing)

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World Trade Organization (WTO),”is a global institution made up of membercountries whose stated mission is the lowering of trade barriers and the establishment ofground rules for international trade.Two organizations related to free trade and the WTO are the World Bank (theInternational Bank for Reconstruction and Development) and the International MonetaryFund (IMF).• These organizations make loans to countries that need to pay for economic developmentor financial adjustment projects.• Before approving a loan, the IMF or World Bank may require the borrowing country toreduce certain tariffs and import quotas. These are part of structural adjustment policiesthat require austerity measures be taken, reducing or privatizing government services

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