Peter F. Drucker holds a question and answer session about the global economy and protectionism, an overeducated workforce, and the best strategies that individuals should pursue for their career. He describes how businesses remain local and regional, and says that the number of international businesses is a minority. Drucker explains that the market is becoming a global economy. A global economy does not mean an open economy; rather, protectionism will likely be exercised. With respect to the changing workforce, Drucker states that the most current workforce is becoming more interested in higher education. He says that an individual’s duty is to handle information responsibly - he or she must become acquainted with knowledge and skills required for each task. He ends the session by saying that each individual must understand the job one takes out of college is a learning job; and when one leaves school, an individual truly begins to learn. The video begins with the lecture in progress.
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