Global capitalism

Okay kiddo, let's talk about global capitalism. You know how when we go to the store, we buy things like toys, food, and clothes? Well, where do you think those things come from? They come from different parts of the world, like China, India, and Mexico.

Now, imagine that all the people who make those things were able to talk to each other and trade with each other. This is what we call global capitalism.

Basically, companies and people all over the world make and sell things to each other. They buy and sell things like raw materials, labor, and finished goods. This creates a big network of buying and selling that crosses countries and oceans.

Now, some people think this is a good thing because it helps countries become more interconnected and makes businesses more efficient. Other people worry that it can lead to exploitation of workers and harm the environment.

So, just like everything else in life, global capitalism has its pluses and minuses. But hopefully, that explains it a little bit for you, kiddo!