@paysdorient

**The Globalization Shift and New Economic Pressures** With the fall of the Berlin Wall in 1990 and the end of communism, a new era of globalization took hold. In 1996, international trade agreements and the founding of the WTO (World Trade Organization) further opened markets, putting American workers in direct competition with those in developing countries. This led to mass outsourcing and a surge in automation, resulting in fewer jobs in developed countries—particularly impacting already debt-burdened populations.

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