Positive Effects Of Globalization
Globalization has most certainly been a positive force for change in the world it has allowed the world to progress in way’s not once even imagined, fostered more efficient markets, increase competition and allowed for a more equitable distribution of wealth throughout the world, stabilized security as well os the spread of culture and education.
The first and most prudent way that Globalization can be considered a positive force is through the fostering of increasingly more efficient markets. This is the idea that within a market there can be an equilibrium price point with what sellers are willing to charge for any given good or service and what the buyers are willing to pay for those said goods or services. Globalization has allowed …show more content…
Contrary to the increasing belief that there is a disappearance of the middle class, what has happened is the creation of hundreds of thousands of jobs around the world. Globalization has allowed for millions of people to create their own businesses and because of a globalized world economy are no longer limit to the markets within their countries borders. As developed nations we take what we have for granted, we have shelter, an abundance of clean and drinkable water and more food than we could possibly ever need. Compared to the rest of the world our standard of living is much higher, globalization has allowed us to increase our spending on frivolous luxury goods. This in return has helped numerous people in underdeveloped countries support them selves financially, because with globalization and outsourcing the economical spread of these luxury products is felt on a global …show more content…
And because of this in a unexpected way globalization has attributed to the heightening of global security. The world undoubtably still has a lot of violence that goes on, but there is not question that globalization, has in fact alerted the outcome of many altercations that would of otherwise progressed to disastrous levels had these countries not been financially inclined to stop these conflicts because of
The first and most prudent way that Globalization can be considered a positive force is through the fostering of increasingly more efficient markets. This is the idea that within a market there can be an equilibrium price point with what sellers are willing to charge for any given good or service and what the buyers are willing to pay for those said goods or services. Globalization has allowed …show more content…
Contrary to the increasing belief that there is a disappearance of the middle class, what has happened is the creation of hundreds of thousands of jobs around the world. Globalization has allowed for millions of people to create their own businesses and because of a globalized world economy are no longer limit to the markets within their countries borders. As developed nations we take what we have for granted, we have shelter, an abundance of clean and drinkable water and more food than we could possibly ever need. Compared to the rest of the world our standard of living is much higher, globalization has allowed us to increase our spending on frivolous luxury goods. This in return has helped numerous people in underdeveloped countries support them selves financially, because with globalization and outsourcing the economical spread of these luxury products is felt on a global …show more content…
And because of this in a unexpected way globalization has attributed to the heightening of global security. The world undoubtably still has a lot of violence that goes on, but there is not question that globalization, has in fact alerted the outcome of many altercations that would of otherwise progressed to disastrous levels had these countries not been financially inclined to stop these conflicts because of