Task 9 - Chapter 7

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Calaca, Hedjara M.

April 6,2022

What is HD’s position in the global economy and more specially, the industrialized
world?
The HD motorcycle is one of only two companies during World War 1. During this
era, Great Depression affected the whole world hence reducing the sales of the
company to the point of bankruptcy. In global economy, the war helped HD motorcycle
to boost their sales, with this, it brought them into global market. It has become a
stepping stone to push other countries to alleviate the motorcycle industry. Many
companies may have learned to what happen during Great Depression hence, coming
up with an innovative idea that can prevent them from bankruptcy.

Random Pick
Research the Top 3 Industrialized countries in the world and cite why these countries
emerged as top industrialized countries.

1) China - China has become known as "the world's factory" because of its strong
business ecosystem, lack of regulatory compliance, low taxes and duties, and
competitive currency practices.
2) United States - The US is the world's largest national economy, and the epitome
of industrialization. Because of its wealth, high standards of living, and availability
of world-class services, many Americans believe theirs to be one of the better—
or outright best—countries in the world to live.
3) European Union - The EU is the largest trade bloc in the world. It is the world's
biggest exporter of manufactured goods and services, and the biggest import
market for over 100 countries.

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