An Overview Of Globalization Essay

An Overview of Globalization Essay
Kofi Annan, a UN diplomat, once said, "...that arguing against globalization is like arguing against the laws of gravity." Introduction
It is very important to study globalization because understanding the contemporary international political economy is an essential part of being an
informed citizen. Understanding globalization is a very important part of learning about our human involvement with the environment and society. Our
daily experiences at...show more content...
One way to classify globalization is as being composed of cultural, economic, political, and technological components that connect groups and
individuals across the global landscape. Even though there has been a sharp increase in the technology of communication and it has basically
eliminated physical distance, it has created a very different way for us to interact globally.
The main culprit of this has been the Internet. And even though the Internet has been probably the greatest invention this century, it has divided just as
many people and groups as it has connected. The other fact is that local interaction between people and groups is still necessary. On the other hand
the Internet has opened a huge range of choice for groups as well as individuals. This fact has offered greater depth and more opportunities to choose
how much information we get as well as what kind of information we want. Digital technology has definitely changed how groups and individuals
interact on a global scale.
How we study Globalization
There are two main theories that help us in observing and studying globalization. Theses two theories are those of political economy and international
relations. When studying globalization we also use four other theories in order to gain an accurate perspective on how globalization affects us and how
other people view it. Theses theories are realist,
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Globalization : A World Wide Movement Essay
Globalization is a phenomenon, a world wide movement where nations and communities come together and form a network. Throughout the course we
explored the integration and interdependence of various nations, which ultimately shapes world affairs on a global level.Evidently, growth of the
developing countries is the main cause of globalization and it brings both opportunities and disadvantages to them.
There are numerous ways in which globalization has impacted the world today.The course also created great emphasis on what it means to be a Global
Citizen. Some of these include modification of worldwide environment, global economy, and culture and media.
A Global Citizen can be defined as someone who can identify themselves with being part of an emerging world and who contributes in the making.
A global citizen is not limited in the number of the ways they can contribute. In fact, every contribution has its own valuable, a contribution can be
as simple as recycling or as complex as creating an a world wide movement. By being a Global citizen one is agreeing to contribute and be part of a
community which is focused on creating a better world. Global citizens are to articulate shared values and build a more governed structure for
beliefs. A global citizen ideally combines their own ethically beliefs with those of others, allowing them to become involved and have a sense of
purpose on a higher lever.Throughout this essay I will discuess the impact of being a global citizen can

Globalization
Globalization brings together different cultures. In the article Globalization A Very Short Introduction the author Manfred B.Steger states "conversely,
the term globalization should be used to refer to a set of social processes that are thought to transform our present social condition into one of
globality". Steger also states that globalization was supposed to expand nationality, but it was used more as a political power to reduce restrictions on
trade and this is where the logic of development behind NAFTA came about. Globalization is a shifting of different contact, this is exemplified in the
country of Guatemala. Prior to the infamous Dos Erres Massacre, Guatemala had an extensive history of violence in their country. After the...show more
content...
The mass movement allowed for large amounts of media coverage and "the dispute was settled in favor of the minors before they reached Guatemala
City". Individuals from all walks of life continued to march in solidarity even though the problem had been solved. Both cycles of violence could not
compare the Dos Erres Massacre (Nora).
Oscar CastaГ±eda is an example of how harsh the massacre truly was. He was an illegal immigrant who received an email regarding the Dos Erres
Massacre. A researcher was inquiring about a soldier that happens to have the same name. Oscar had been told his father was a lieutenant hero who
had died in an accident. Little did he know; a DNA test would show that he as not his father but his kidnapper. This revealed that he and another
young boy were taken as trophies from the site of mass murder, this unfolded Guatemala's secrets of what really happened. Dos Erres is a small village
in the municipality of La Libertad, in the northern PetГ©n department of Guatemala, this small village was made up of about 60 families. The
residents of Dos Erres were mainly Ladinos, Guatemalans of mixed white and indigenous descent. The families who lived in this small village grew
beans, corn, and pineapples, the village was made up of dirt roads and only had one school and two churches one was catholic the other was evangelical.
In 1982 during Guatemala's brutal civil war, there were 20 army commandos disguised as

Essay on Cultural Globalization
Globalisation and global flows of culture have redefined the processes in which we share and connect to ourselves, others, and the world. From its
onset, globalisation had both proponents' and critics; some believed that it leads to a rich, hybrid global culture. Others saw it as the west versus the
rest, an imprint of Western values and ideologies upon the world's rich and diverse cultures. In exploring global flows ofculture, we can observe these
major assumptions about globalisation as well as its changing nature. New, 'reverse' cultural flows have begun to emerge and question these traditional
assumptions. The case study of Japan's 'pink globalisation' is one such reverse flow.
Globalisation can take on many different shapes and...show more content...
Appadurai terms these global flows as 'scapes', in which media, technology and ideology circulate broadly around the globe. The forces behind this
new global imagination and its scapes are no longer nation states but global media corporations. Accelerated by the dawn of the internet and an
opening up of transnational borders for economic trade in the 1990's, global media corporations have rapidly penetrated overseas markets with
products aimed at consumers in what could be seen as a cultural ideology of consumerism. Cultural globalisation is no longer a case of
Americanisation, but rather multiple, competing globalisations of global media corporations. Henry Jenkins observed the impact of these global
media corporations which he described as 'corporate convergence.' In addition, we also see a 'grassroots convergence,' in which fans armed with new
technologies capable of crossing borders (such as the internet) prescribe to new forms of popular culture. Jenkins observed this convergence coupling
as 'pop cosmopolitanism.' This notion of pop cosmopolitanism explains the rise in popularity of a new, reverse flow, in which Japanese popular culture
products are being disseminated across the globe.
To demonstrate the active way in which media is appropriated by people

Essay on The History of Globalization
Globalization is the increasing interconnectedness of people, places, and cultures throughout the world today. The effects of this homogenizing process
that we call globalization can be seen in all aspects of life. From McDonalds being in almost every country, to the majority of North American clothes
being made in periphery countries, to the technological ability that allows us to instantly communicate with people anywhere in the world, the effects
are everywhere. Economically today, globalization has had both positive and negative effects around the world, with many similarities to colonization.
Globalization has also led to increased poverty amongst the global periphery, and a specific group of winners and losers within this process of...show
more content...
One of the major reasons for these strong patterns of poverty and debt were the structural adjustment programs, or SAP's. These were loans that were
facilitated through the IMF, or International Monetary Fund, and given to periphery countries. Originally the SAP's were to help colonized countries
become independent and develop their own economy, but these loans led to huge debts instead. The conditionalities that these loans carried with them
prevented these countries from progressing beyond anything except the export of their basic, primary goods. Also, certain quantities, prices, and other
demands were required. This was because the western, core countries controlled the IMF and World Bank, meaning that they would want to profit from
these SAP's in some manner. So instead of helping these countries develop, they just end up exploiting them instead, leaving huge amounts of debt that
these countries cannot pay back (HIPC: Highly Indebted Poor Country). A population of workers are trying to meet the demands of the loans, only to
see their primary products prices fall lower and lower, due to synthetics, huge overstocks of these goods, and speculation of a low price elasticity. When
this happens, not only can the countries themselves not pay their loans, but also their citizens are now making even less money than they started with.
Only the western, core, exploiting countries gain an advantage.
Besides SAP's, poor

Essay on Globalization
In all aspects of the Universe there are opposite forces that work against each other for good and for bad. In Physics there is cause and effect, in
nature death must occur to sustain life, and in Globalization some parties will benefit while others will endure misfortunes. In all of these examples
if one aspect is mismanaged it could negatively impact the balance that so closely depends on each other for success. In Globalization these
misfortunes are made very apparent if they are mismanaged which could result in deadly consequences. As Dr. Joseph Stiglitz put it in his article
Making Globalization Work, "Globalization is a two edged sword". How far and how deep will the sword reach? Many years ago prior to the Global
...show more content...
Data proves that the richer are becoming richer, and the poorer are becoming poorer. In addition numbers show that the gap between the two
opposites continues to grow making it more and more difficult for the poor Countries to catch up. (Aggregated effect)Right place, right time In
some cases a Country could make a huge leap in regards to becoming a "rich" country. In an example provided China and India banked on the new
era of technology which resulted in China and India becoming the "Technological Countries" Because of their initial investment of learning a
newly innovative way of conducting business, now many countries are calling upon their resources as experts of the field. This has resulting in a
huge increase in capital, providing jobs and moving the respective country forward. Let's play fare So what can be done? If Globalization was to be
managed correctly and would perform the way it was intended to all parties involved would benefit one way or another. Instead of allowing
competition and encouraging the spread of wealth we have allowed the "Big Players" to monopolize certain markets making it impossible to have the
"little guys" compete. These players use resources like patents, copyrights, and Incorporated practice to keep the knowledge from being shared. By
withholding this knowledge not only does it

"Globalization: The Super–Story": A Story for Everyone In Thomas L. Friedman's "Globalization: The Super–Story", he examines the features of
globalization from various aspects and how it helps people better understand 9/11 events. He claims that globalization is the new improved system
formed in place of the old "cold war system"(102), and through the patterns of which, people observe today's world in an integrated way. Simple short
phrases, organized structure, colloquial language, and punctuation are techniques Friedman uses to create a reader–friendly, convincing essay. To begin
with, Friedman uses simple short phrases to emphasize his points. He starts with an enthusiastic term "big believer" (102), which establishes the
colloquial...show more content...
Additionally, the author interprets the chaos during cold war as "a drama of states confronting states, balancing states, and aligning with 1
Stephanie Liang WR98 C1 Prof.Michaud Essay 1–Final states"(103). Had he not used these constructions and instead stopped at "drama", the readers
would not be able to understand the various relationships during Cold War. These succinct constructions allow a straight–forward understanding of the
essay and help gain readers' agreement. In addition of short phrases, the author contrasts the global atmosphere during Cold War period to that at
present in separate paragraphs but with highly identical structures. For example, he utilizes the features of "division" and "wall" (102) to serve as a
foil to the "integration" and "web" (102) concepts of globalization system by including detailed description of the better–being in the latter system, and
in doing so, makes it obvious to readers that two systems possess different nature and that the new one is favored. Another structure technique
Friedman uses is parallelism, which illustrates the divergent communication phenomena of two systems: "In the cold war we reached for the hotline,
which was a symbol that we were all divided but at least two people were in charge...In the globalization system we reach for the Internet, which is a
symbol that we are all connected and nobody is quite in charge" (103). This equal paragraph distribution of two discussed subjects enables readers to

Essay about The Benefits of Globalization
Frequently, people are unclear of exactly what Globalization means. Globalization is the tendency of the world's economies to act as a single
interdependent economy. It can be described as the increased movement of people, knowledge, ideas, goods and money across national borders to
make the world more unified in a sense. Globalization is often thought of in economic terms but as we know there are other components with this idea
like, economics, and cultures. There is a huge debate of whether or not globalization is positive or negative.
Some view globalization as being inevitable and key to our economic future. It has the potential of making societies richer through trade, and creates
knowledge and understanding to people around...show more content...
It is essential for all these corporations that world trade continues so that the world may be more profitable.
The increase in economic transactions across the globe raises both the world GDP and development of new industries. This process has a positive
impact on globalization and in leading the economies into more profit. Some people have a concern that globalization negatively affects individuals
along with the nation's society. Globalization creates economic interdependence which lessens the role and dependence on the national government.
With globalization, powers of national government shrink and the governments become less important.
The other component that globalization greatly effects is culture. There is an exchange and spread of ideas such as religion, music, food, and traditions
within different cultures. Globalization has increased the spread of popular culture easily and efficiently from the developed countries of the North
throughout the world. Many media markets in undeveloped countries are saturated with productions from the Northern developed countries. Many
have tried to silence the cultural expression, but due to the large globalization of our world the values and cultural taste are underway in the
globalization process.
So, does globalization have more of a positive or negative effect on our world? In economic and cultural terms, globalization helps to

An Introduction to Globalization Essay
Globalization is a historical phenomenon that has been happening for decades now, and whether it generates growth or not is a matter of whose point
of view it is. The western countries, especially America and some European nations, are the ones taking full advantage of the benefits of globalization.
On the other hand, some experts say that globalization is not doing much for the developing countries, or that it may be even worsening their scenarios
of poverty and social inequality. But, I will get back to that later . The point is that globalization, while it was primarily triggered by the emergence of a
global market and facilitated by the democratization of communication technologies, also caused cultural, social and even political...show more
content...
We are in the era of free information flow and democratization of communication tools. Through the Internet, people are able to produce content and
distribute it in many different ways to infinite different people. What is really amazing is that the idea of distance lost its significance. Now, you are
able to communicate from your house in the south of Brazil with friends who live in India, America or any other place in the world. Messages are
overcoming huge distances because of technological improvements and the implementation of global networks. The third movement is political.
Basically, it means that since globalization implies a compression of national boundaries, which were brought about by the increase of trade at the
global level, the importance of both the activity of international legal institutions and treats, like the World Trade Organization, and the dialogue
between political leaders of different nations has risen significantly. Also, in the globalized world we see a quite interesting phenomenon: the
importance given by nations' leaders to their self–image in the international political scene. Think this way: when countries were not dependent on the
businesses they had with other countries why would presidents bother to be admired by other national leaders? What we see now is a scenario where
nations' leaders struggle for status among the international political elite. The last set

What Is "Globalization"?
Globalization is the growth, expansion and integration of different systems such as economics, culture and politics on a global scale.
Western countries went to third world countries and persuaded their citizens by blaming their economical and social problems on their technological
backwardness rather than the exploitative nature of their political system. By accomplishing this, the western countries gain entry into the nations and
trade technology for resources and labour force. This ultimately leads to westernization of the third world nations (James Ferguson 2001 [1990], 407).
Westernization is the assimilation of Western culture. It is the social process of becoming familiar with or converting to the customs...show more
content...
Websites invite people from all over the world to come together and discuss and share on forums, and chat groups that allow them to learn about each
other's cultures immensely.
Thanks to globalization, English is now the most popular language in the world. Majority of, if not almost entirely, the world's radio programs, mail,
cables, and the internet traffic is in English today. As for those people around the world who do not speak English are still not at a disadvantage as
much since there are popular sites available that promote the sharing of culture, experiences, and ideas through unconventional means such as
photographs and videos. Also thanks to the internet, most the media available online is now also available in most of the major languages spoken
around the world such as Spanish, German, Russian, French, Hindi, Arabic, and Hebrew.
Ethnic foods that were once limited to just some parts of the world, can now be enjoyed almost anywhere around the world. Very few developing
countries now are without luxuries like Italian, Indian, Chinese, and American style cuisines.
Globalization has also shown evidence of causing the members of developing countries to realise the in adequacy of their current lifestyle, culture, and
technology, causing them to adapt and mimic foreign practices, lifestyles and cultures in order to improve their current standard of living. A shift that
is a

Globalization : A Short History
Throughout history much has evolved in the world we live in today. Nations that were once empowering and controlled many parts of the world
today are seen less superior and most likely to keep peace and order rather than starting violence. In Jujen Osterhammel and Niels P. Petersson's book
Globalization: A Short History, they investigate what led to globalization. They discuss events in history starting from the 1800s to the cold war era
and what events led to globalization. Osterhammel and Petersson describe every event in details that have led to the world we live in today. From
there discussion, it is seen that Europe was a dominating continent with its allies scattered all around the world. Britain was once the most empowering
countries in the world followed by Japan. On the other hand, David Christian discusses in his essay This Fleeting World: An Overview of Human
history, events that have also led to a modern era that we live in today. However, in Christian's essay he does not only talk about the nations and their
war against one another or the nations industrialization as a whole and growing economically as a nation but also mentions historical events such as
women's rights actions or the growth of media which are also factors that lead to globalization. Osterhammel, Petersson and Christian successfully
argue that globalization has developed through nation's industrialization growth; Britain being the first country to be industrialized and spread its

The Realization Of Globalization
Globalization is defined in the textbook as, "a process of increasing interconnectedness between societies such that events in one part of the world
increasingly have effects on peoples and societies far away" (Baylis 9). Societies, as a whole, are affected more extensively by events that take place
in other societies. Something that happens in one area of the world can affect people in many different areas around the world. This is a key indicator
that globalization is not simply a myth. In the introduction to the textbook, eight main arguments are presented in regards to globalization being a real
phenomenon. Some of the most important include; the world economy is more interdependent now than ever; communication have revolutionized
ways we deal with the rest of the world; there is now, more than ever, a global culture, so that most urban areas resemble one another maybe even
sharing a common culture; and lastly, people are realizing that major risks are global and cannot be dealt with by their state alone (Baylis 9). Because
people are naturally curious about other parts of the world, curing that curiosity leads to globalization. Globalization leads to more cultural
intermingling and each country has become more open and accepting towards each other.
Realism developed as a reaction to idealist policies following the First World War. This theory explains why war occurs between different states. A
form of realism, classical realism, directly aligns with the theory that

Personal Reflection on Globalization
Personal Reflection Introduction Over the last several years, globalization has been having a profound impact on the way businesses are operating.
This is because the elimination of trade barriers is giving firms access to a pool of cheap labor in countries such as: China and India. At the same
time, many companies are looking for employees that are highly specialized (who can help to increase their bottom line results). To attract the best
talent, the most successful firms have been able to integrate effective leadership into their organizational culture (i.e. Southwest Airlines and
Starbucks). This has helped the firms to dominate the marketplace and redefine the customer experience. What has made these companies so
successful is their effective organizational leadership that is in place. This is allowing them to adjust with new challenges and reach out to a larger
demographic of customers. These ideas are illustrating the way that strong leadership will have an impact on the work environment and the
strategies that are utilized by firms. (Daft, 2008, pp. 421 422) My recent application for admission is taking into account how I can use these
concepts to have an impact on the business world. This is because I have the real world experience and practical knowledge to make an immediate
effect inside any organization. At the same time, I have the personal references and a level of preparedness to deal with whatever challenges I am
facing. The combination of these factors

Globalization : A Clear Image Of Globalization
Globalization has truly affected each society on the planet since we have moved far from individuals and organizations staying inside of their own
border into an international business sector. Our economies are interrelated with each other and even companies who fundamentally market in one
territory are not totally autonomous. This implies the materials that a company utilizes as a part of their businesses can be produced and dispatched
from another country. This shows a clear image of globalization in real life. The way we consider globalization is commonly in the economic sense as
previously described, however, it likewise portrays the phenomenon of one population expanding into another and after that merging them into current
culture....show more content...
Eastern Asian societies have a tendency to have solid uncertainty avoidance since they have a tendency to incline toward unequivocal rules and
planned activities, however, in the United States, one must risk everything in order to have what others do not have. Masculinity vs Femininity: The
basic issue tended to by this element is the system in which a general public allocate social roles to the genders. A sample of a masculine society
would be that of the United States, where characteristics, for example, wealth, competitiveness, ambition and assertiveness are pursued. While, Japan
has a more feminine value dimension, due to the fact that the general population of that culture have a tendency to pursue quality of life and
relationships. Large vs Small Power Distance: The principal issue tended to by this element is the means by which a general public handles
inequalities among individuals when they happen. A case for a country that has large power distance is India, where even in the country 's long
history, individuals abide to a rank system they were naturally introduced to and had no real way to move out of. The United States is set to be the
best example of a country with small power distance, where

Globalization : A Very Short Introduction
There are many ways to look at and understand modern globalization. In general terms, globalization means that the world, as a whole, is leading to a
more utopian society, meaning that the globe is become very interconnected and similarities are growing between different regions and cultures of the
world. Globalization is a phenomenon that has been evolving since before 10,000 B.C. This constant evolution can cause many problems, but it can
also solve many issues positively as well. Development of any country, however, seems to be a key issue when discussing globalization. Globalization
and development present two different factors in the world today. Many countries are lacking in their own development while the world around them is
becoming more developed and globalized. Globalization hinders development because with globalization, less developed countries depend on more
developed countries to help them to sustainability and self–reliance. First, we can look at how Steger defines globalization to gain a better
understanding of what globalization actually is. In his book "Globalization: A Very Short Introduction," Manfred B. Steger states, "Globalization refers
to the expansion and intensification of social relations and consciousness across world–time and world–space" (Steger 2003, 15). To break his
definition down further, expansion and intensification of how people react with each other means that more challenges in social interaction with each
other

Globalization : A Deeper Look At Globalization
Globalization can be described as "the increasing economic, cultural, demographic, political, and environmental interdependence of different places
around the world,"(hhhknights.com). Due to the rapid exchange of goods, services, and ideas, globalization is at the forefront of society. A deeper
look at globalization frames it as the increasingly interconnected process that restructures social, cultural, economic, and political systems (Nagel,
2003, p. 228). From the above definitions, it is clear that globalization is changing the world we live in. As the world is becoming more accessible
and people, ideas and goods move with more ease, there is a need to critically examine the interdependencies among individuals and various nations in
order to discuss the impact globalization has on each entity today. In recent years, globalization has drastically increased the number of individuals
migrating from underdeveloped countries to developed countries. Additionally, it is believed that among the estimated 120 million migrants around the
world each year over half of them are women. This indicates a shifting trend towards the "feminization of migration" (Ehrenreich & Hochschild, 2002,
p. 5). Many female migrants taking part in this global trend are leaving their host countries for economic and social reasons in search of better
opportunity. Although these women are striving for a better quality of live, they often leave loved ones behind, especially children. For these women,

Globalization: Countries
Introduction: There are a few important questions that need to be asked when discussing globalization and the effects it has on the world. 1. How
can the developing countries, especially the poorest, be helped to catch up? 2. Does globalization aggravate inequality or can it help to reduce
poverty? 3. Are countries that integrate with the global economy inevitably vulnerable to instability? Let's first start off with a definitionВ… What is
globalization? The term "globalization" has acquired considerable emotive force. Some view it as a process that is beneficial, a key to future world
economic development and also inevitable and irreversible. Others regard it with hostility, even fear, believing that it increases...show more content...
In the abstract, they like both concepts; 64% of those polled think globalization benefits the U.S. economy, and 68% think U.S. consumers gain. But the
public is split about whether the advancing global economy hurts the environment and jobs. And 69% believe that trade agreements with low–wage
countries drive down U.S. wages. This may be one reason why 79% say China shouldn't be welcomed into the global trading system unless it
adopts human rights and labor standards. Globalization: Good or Bad? Many of the goods and services produced in this country are exported and
sold around the world. Many of the goods and services we buy here are imported from other countries. Overall, do you think globalization is good or
bad for: Good BadDon't KnowRefused Consumers like you68%23%9%1% American companies63%29%7%1% The U.S. economy64%28%7%1%
Creating jobs in the U.S.50%42%7%1% The environment 45%38%16%1% Providing jobs and75%16%8%1% strengthening the economyin poor
countries What are you? Which of the following best describes your views about foreign trade? Do you consider yourself to be someone who
believes in free trade or trade without any restrictions, someone who believes in fair trade or trade with some standards for labor and the environment,
or someone who is

Synthesis Essay On Globalization
Globalization
Globalization is a major issue in our world today. But it can be seen through many different perspectives, some see it as a negative thing, but some
people also see the positives within it and some people have mixed views. Globalization is the spreading of different views, this can political views,
social views, and economic views being spread throughout the world where it once wasn't present. Globalization shapes the way people live and what
they do on a day to day basis, or what's going on around them like technological advancement. Globalization affects everyone, what we do, what we eat
all shapes our individual and collective identities.
Source I is the belief that Globalization might have its ups, but it also has its downs, and that we should be careful to ensure we benefit from
globalization as much as we can without losing anything. The author says "globalization brings us closer to one another, it may also turn our world into
a...show more content...
The author expresses the adverse belief through visuals. Many of the characters and logos in the pictures are easily identifiable and really shows
how much exposure society has had of these major corporations. From the weaponry and the endless line of characters you can tell that these
corporations have gained power over the people through globalization and that their basically unstoppable because of all the power they have. These
corporations don't work with the people as much as they work with each other to get the most of globalization. The Cartoonist is saying that major
corporations are becoming so big that they require more land for more resources, and this downgrade of resources will cause extinction to all useful
materials for company purposes. Globalization is homogenizing people to the point where they look alike, where diversity no longer exists. The boats,
planes, and ships show major advancement in technology but for own selfish

Introduction Globalization
Introduction
Globalization is an ongoing process integrating economies, industries, markets, cultures, societies and policies around the world. Whether
globalization is good or bad is a question that people around the globe are constantly debating over. The answer depends on which part of the world
you stand on, for globalization have different impacts on every 'participant'.
The Good
The good side of globalization is that it promotes open markets which allows businesses to communicate effectively and efficiently between partners;
manufacturers, suppliers and customers. It enables local producers to venture into other markets, increasing in profits. It gives opportunities for
countries to work with other countries; businesses can...show more content...
American workers have lost family supporting jobs due to flawed trade policies such as the North American Free Trade Agreement (NAFTA).
It results to a skills gap in which demand for new skills outpaces supply of local workers and hence increases the demand for foreign workers. When
this happens, the population of immigrants will increase to vie with the locals to fill up jobs positions. This causes friction and millions of US
citizens are left jobless. This will be a social challenge for the US Government as poverty increases whilst income decreases.
America being an advance and developed country, the costs for globalization outweigh the benefits she reaps.
Conclusion
In conclusion, globalization can be good and bad at the same time. It comes down to whether you're enjoying more benefits from globalization or
you're paying higher costs for globalization.
REFERENCES:
Thangavelu, Shandre. "Making the Most of Globalisation." The Straits Times, Review, September 23, 2010.
Srinivasan, T.N. Globalization: Is It Good or Bad?. lecture., Stanford Institute for Economic Policy Research, 2002. .
Jeffery, Simon. The Guardian, "What is globalisation?." Last modified October 31, 2002. Accessed September 23, 2013. http://www.theguardian.com
/world/2002/oct/31/globalisation.simonjeffery.
Colin, Stief. Geography, "Globalization – An Overview of Globalization and Its Positive and

An Overview Of Globalization Essay

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