Pros:
1) Economic growth is being promoted because of globalization through the growth in popularity of free trade. This economic growth has provided more jobs for people in places where unemployment rates have been high.
2) Globalization has made companies more competitive with each other through the use of cheap imports thus decreasing product prices. This would be better for consumers and also helps prevent the occurrence of inflation.
3) Since globalization helps provide more jobs to the unemployed, living standards can go up.
4) More people are able to experience faster communication through the use of the internet (ex. Skype, Facebook, Whatsapp, etc.) This also makes the transfer of important files significantly quicker.
5) A larger amount of people have become more knowledgeable about people living in other countries due to easier communications and travel to different destinations. This makes us more tolerant to foreigners in our home countries.
Cons:
1) It is believed that some incurable diseases are being spread because of easier travel to places where the diseases were not present (ex. HIV/AIDS)
2) Many people living in first world countries such as the United States have lost their jobs due to cheaper offshore production and imports.
3) Globalization has tarnished the cultures of countries where globalization has spread. These countries have become prone to adapting Western culture and losing their own heritage.
4) Higher amount of pollution because of the popularization and availability of different forms of transport (ex. Airplanes, boats, cars, etc.)
Really good post. I have almost the exact same points as you do for the "pros" side on my post as well. However, I really liked how you pointed out about the spread of incurable diseases, I would have never thought of that! It makes me think about back during the conquistador era when there were the spread of certain diseases from Western areas. Now that the technology is developing and that transport is improving, the spread of these diseases could probably have a huge impact in certain areas. Your post was a really good read!
ReplyDeleteI completely agree with Michaela here. I would also add that I thought it was interesting that you said people in places like the United States are losing their jobs due to the outsourcing of jobs that happens with globalization. I read an article recently about reactions to that very phenomenon where companies are now either a. creating EXTRA jobs in the United States to make up for the shortage; or b. bring the jobs back to the original country thereby "insourcing" the work instead of outsourcing.
ReplyDeletehttp://www.starbucks.com/blog/help-u-s-jobs-get-an-indivisible-wristband