The Pros and Cons of Globalization
The Pros and Cons of Globalization In this generation, people around the world are more connected to each other compare to before. We try to break down the isolation wall between countries and make effort to build bridges where the products, ideas, and belief can cross the borders. Information flows on the Internet shared by people in different countries. Using the Division of Labor produce the different parts of the good in different country to reduce the cost. At the same time, goods are available in all parts of the world. International travel and studying abroad become more frequent and easier. Globalization is also the puppeteer of countries’ economic. Before making any conclusion, let’s talk about the pros and cons of globalization.
The Advantage of Globalization Global free trade promotes global economic growth, creates jobs, and lets consumers have a better access to products and lower prices. For example, bananas the fruit only grow in humid, tropical regions of the world, thus people live in the northeast America would not be able to taste bananas if global free trade is not exist. Bananas thrive in Honduras so transporting bananas to other country can help Honduras’ economic. It can also create a lot of jobs. Bananas also thrive in the central and South American rainforests, Africa, and Southeast Asia. Therefore, they have to compete with each other over the amount of consumers that they are getting. Consumers can choose among the products made by different nations. People have more opportunities to travel to other countries. Now, during vacation people sometimes travel to other country to spend their time which help them to learn other cultures and also help the economic of the country that they are visiting. Traveling provides jobs for people for example, it supports14.4 million jobs for Americans. People can have a better understanding about other countries and it can also help people to become more open and tolerant towards people who are
The Advantage of Globalization Global free trade promotes global economic growth, creates jobs, and lets consumers have a better access to products and lower prices. For example, bananas the fruit only grow in humid, tropical regions of the world, thus people live in the northeast America would not be able to taste bananas if global free trade is not exist. Bananas thrive in Honduras so transporting bananas to other country can help Honduras’ economic. It can also create a lot of jobs. Bananas also thrive in the central and South American rainforests, Africa, and Southeast Asia. Therefore, they have to compete with each other over the amount of consumers that they are getting. Consumers can choose among the products made by different nations. People have more opportunities to travel to other countries. Now, during vacation people sometimes travel to other country to spend their time which help them to learn other cultures and also help the economic of the country that they are visiting. Traveling provides jobs for people for example, it supports14.4 million jobs for Americans. People can have a better understanding about other countries and it can also help people to become more open and tolerant towards people who are