Effective January 1, 2001, the annual salary of the President of the United States was increased to $400,000 per year, including a $50,000 expense allowance.he president's salary is set by Congress, and under Article II, Section 1 of the United States Constitution, may not be increased or reduced during his or her current term of office.
As such, stratification is the relative social position of persons within a social group, category, geographic region, or social unit.
Whereas the globalization of business is centered around the diminution of international trade regulations as well as tariffs, taxes, and other impediments that suppresses global trade, economic globalization is the process of increasing economic integration between countries, leading to the emergence of a global marketplace or a single world market.