Globalization

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HOMEWORK ACTIVITY on ''Globalization''
Deadline: Tuesday 24th September, 2013
Presented to Mrs. Sophia Miah
by Laeticia Poiré-Hill

In my own words, globalization can be seen as an ongoing process of integrating technology, economy, politics, communication and various cultural exchanges of the world without hindrance or any barrier whatsoever, it is an elimination of barriers to trade, communication, economic, political, and cultural exchange. The theory behind globalization is that worldwide openness will promote the inherent wealth of all nations.

When I think of one country who is positively affected by the country, the first one who comes to my mind is the United States of America. Globalization is good for certain countries more, such as those in the First World or Global North. Rich countries like the USA, can sell more products and goods to new markets in the Global South or in poorer countries. You just have to think of McDonald's and Starbucks or other big American brands to figure out how these multinationals are big and known world-wide. We can almost find McDonald's everywhere. Taïwan is also affected by globalization, but in this case it's in a negative way. Some North-American big multinationals decided to set up their factories in Taiwan due to low labor-related costs and also because of their needs of unskilled workers. Unfortunately, this has created a slowdown in the development of Taïwan because the country is now dependent on these corporations as they create jobs and little income. Therefore, these multinationals can make pressure on the Taiwanese government to reduce environmental standards or, see them simply remove. Another thing that created controversy is, if we take the example of Nike, that there have been complaints against the giant multinational because of young children working in the factories and in horrible conditions. So, Taïwan is really negatively affected by the globalization.

Globalization has many positive...
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