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Impact of globalization
Globalization and its impact
Impact of globalization
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Introduction
Globalization is the process by which a business or company becomes international or starts to operate on an international level. Globalization does not benefit the majority of the world’s population, including Canadians, and is slowly growing to increasingly deadly proportions. It benefits the wealthy, which are but a minority in comparison to the rest of the population, and leaves the impoverished ones out of the loop. The unsteady flow of invisible money running in and out of countries has our markets operating like roller coasters. Globalization renders our government powerless and leaves them at the mercy of foreign investors. The negative effects of globalization far outweigh and short term gains.
Diminishing Middle Class
A diminishing middle class seems to be a recurring trend all over first nations, including Canada. The evening news and business reports are bombarded with news of a declining middle class and increase in the number of poor people. There seems to be a pattern of growing poverty that is in relation to a diminishing middle class. It seems as though the shrinking middle is on its way to extinction and the number of poor people is increasing tremendously.
Our society shall soon be composed of two groups, the filthy rich and the filthy poor. This is a direct consequence of globalization. There seems to be a rule associated with globalization that states that a government has to do everything in its power to attract foreign investors regardless of any social problems. In an attempt to attract such foreign investors, governments have tried to maintain a low inflation rate. However, what they fail to mention is that unemployment is the sacrifice that has to be made in order that inflation rates remain low. The increase in unemployment is causing the decrease in the middle class. Another cause of this decline are the growing interest rates that are being driven up to combat the malevolent inflation. As stated in the 2000 Budjet report, “major central banks started to raise interest rates earlier this year.” These interest rates are driving families further into debt. Thus, people are losing their homes, cars, and so much more, all in the name of globalization. The governments priorities are becoming forgotten and replaced with the great game of monopoly.
Volatile Markets
Volatile markets are yet another pri...
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...t be blinded by these short-term gains. It is causing us to be money-starved animals not allowing us to speculate the disastrous long-term effects. When the last tree has died and the last river has been poisoned and the last fish has been caught, we will probably realize that we cannot eat money. Humans depend on the environment to survive, so these quick economic rewards are only temporary and an empty pursuit.
Conclusion
Under globalization, nations compete to attract foreign investors and corporate operators. Global investors seek those opportunities that offer the greatest promise of growth for their funds. Globalization has told us that in order to be competitive, a nation must orient its policies around encouraging and supporting economic growth despite whatever social deterioration and environment degradation caused. It is safe to say that globalization is definitely harmful to the well being of Canadians and any other people.
Bibliography
Taillefer, Guy. “Les Amériques according to Vicente Fox.” Le Devoir April 2001
Drohan, Madelaine. “Spoils of globalization must go to all”. Globe and Mail Metro Edition January 2001
Internet site: www.thegazette.com
Walmart, Exxon, and Apple are a few of the companies that have succumbed to globalization. As a result, there are fewer jobs in America. Fewer jobs in America leads to less money in circulation and higher wages. The middle class is at the heart of the economy, and if they are struggling then our economy will follow suit. I understand yes, education and family trust favored some people.
Rhabdomyolysis is a disease that involves a rupture of skeletal muscle, causing myoglobin, along with electrolytes and other intracellular proteins to leak in to circular system (Bagley et al, 2007). It is the result from the destruction of muscle fibers that make their way into the bloodstream, which take over the renal system hindering the kidneys ability to remove waste resulting in kidney failure (Owens, 2013). Rhabdomyolysis is rare and has not been fully documented. According to Efstratiadis et al, rhabdomyolysis was solely associated with crush injuries, but in recent studies, it appears to be five times more frequent in non-traumatic causes (2007). Damaging electrolyte disorders and acute renal failure may occur, leading to life-threatening situations. Some of the most common signs and symptoms of patients with rhabdomyolysis are colored urine, and muscle weakness is and Delayed Onset Muscle Soreness (DOMS). Rhabdomyolysis may develop in any circumstances where energy demands in muscles exceed the available energy supplies of the body. According to
Gardner, Robert, and Wayne Lavold. "Chapter 9-12." Exploring Globalization. Toronto: McGraw-Hill Ryerson, 2007. N. pag. Print.
Soccer involves two teams and two strategies. Strategy one requires offensively invading the opponent’s area and scoring, and the second strategy involves defensively protecting one’s own goal and keep the opponent from scoring. The main objective is to master the basic skills of soccer, including dribbling, passing, shooting, goalkeeping, and sportsmanship. Other objectives include applying these skills into game situations, demonstrating an understanding of the rules, comprehending how to play safely, and learning use equipment safely. The general intent is to teach life lessons, instill confidence, promote health and fitness. Life lessons include winning and losing courteously, work with others as a team, respect authority, respect fellow athletes, respect equipment and facility, and lastly, how to value delayed gratification. Confidence is instilled by learning an impressive game, learning to fit in, and learning to be part of something greater than themselves. something. Soccer also promotes health and fitness by teaching students that being fit feels good, an appreciation for a balance of work and play, and proper nutrition and hydration to perform at their
The largest group in America is facing extinction. We are talking of course about the American middle class. In 1971 the American middle class population was 36% higher than the population of the lower class. However, today the middle class population is now only 22% higher than the lower class (McDill). This is only a 14% drop spread over 44 years. The major issue here is that while the middle class shrinks, the upper and lower classes are growing. Financial experts believe that soon the middle class will become nonexistent and America will be divided into two extremes, poverty and wealth. This issue has become so severe that the United States government has stepped in and created a “middle class task force” passed as part of the government “stimulus package” of 2009. However most experts including Kent McDill of the millionaires’ corner, Doyle McManus of the LA Times, Erik Kain of Forbes magazine believe that the government’s program is putting a knife in the middle class. They believe this because the government is taxing businesses until they are forced to leave America and go overseas. This, along with the rise of mechanical workers and ignorance of the issues facing the middle class led to the decreasing job market. Jobs in America will soon be split into either very high paying upper class jobs or very low paying jobs. This makes the job market a hit or miss in America. It is predicted that America will soon be either very rich or very poor with no middle ground.
I never thought I would find so much information on the incredibly shrinking middle class until I searched around for it on the Internet. In the United States, the middle class is put into a strange socioeconomic category. Although it is not easily defined everyone believes they belong in that class. I guess what you can do is look at it in two different ways. First ask the question “What percent of all income is distributed to the middle class at any time,” then think about “How many families obtain enough income to achieve a middle class standard of living at any point of time.” Basically these are two ways of approaching the middle class called either the percentile approach or the class share approach.
My mother received a job offer from the City of Shelby in the finance department right out of college. She accepted and began working. A few years passed and my parents decided to expand their family. My older sister, Chelsey, was born May 5th, 1994. When my sister was one year old, my mother started thinking about going back to school to get her masters. “I knew it would be difficult with your dads schedule and us having your sister, but one night at dinner I brought the idea up to your dad. Of course he was on board because he is supportive of most anything that I decide to do” She said. Off to master’s school she went to Gardner Webb University. By getting this extra piece to her degree, she gained many
Have you ever wondered which events in Canadian history have been the most significant in shaping Canadian identity? Many significant events in the twentieth century left a lasting legacy for Canada. Canada would not be the culturally rich, prosperous and progressive nation that it is today, without its immigration patterns in the past. World War I (WWI) was also a significant event as it united Canada and left behind a legacy of sacrifice and national pride. Economic development during the post war period contributed to Canadian success nationally and globally. Immigration, WWI and economic development were significant events in Canadian twentieth century history. Each event brought new and powerful
Our global world is being more connected as we become integrated politically, socially and even economically. Due to the Bretton woods agreement, different countries have been economically dependent on each other in fear for war to erupt. From then on different organizations and policies tied more countries into being economic globalized. This economic globalization had then given us many opportunities in trades and more access to natural resources in other countries. Unfortunately, there are some negative effects that are brought to less developed country. Overall, many people believe that economic globalization does a great work on accumulating our economy and our quality of life.
Inequality in Canada is a growing problem. As income rises for the rich and remains the same for the poor, a gap is forming between Canada’s highest and lowest earners. This gap has sparked outrage by some, resulting in the Occupy Movement, and apathy in others. However, it can indeed be said that in Canada “the rich are getting richer and the poor are getting poorer.”
As a kid, my dad bought me a baby size soccer ball. And we started to kick it to each other but I was horrible and wasn’t able to kick it to him every time. I got the hang of it though. As I was getting older I would learn how to play soccer when my parents are watching a soccer game on tv. I became a fast learner and I got to learn two of my favorite positions, midfielder and a forward. A midfielder is either 4 to 5 players down the field and they play both offence and defense. When they have possession of the ball they
The amazing game of soccer is played in every continent, and is the world’s most popular sport. It is proven to be one of the number one sports to be played and watched. Because its fans and players are so devoted, the sport continues to grow. Requiring only a ball and open space, the activity is available to anyone, whether rich or poor, male or female, athletic or not. Over the years, soccer has won the hearts of many because of its unique history, many benefits, and notable achievements.
The first step in learning to play soccer is to have a general idea on how to play. A soccer match is typically ninety minutes, and there are eleven players on each team. Each team must pass the soccer ball to one another to try to get the ball into their opponent's goal. The other team must try to steal the ball so that they can score. The winner of the match is the team with the most points. If there is a tie, then the game may be overtime so that the winner can be announced.
Globalization refers to the absence of barriers that every country had. Yes, it has helped to demolish the walls that separated us .Globalization, which is the process of growing interdependence among every country in this planet, can be seen as a sign of hopeful and better future by some, but for others it represents a huge disaster for the whole world. That’s why we are going to see the negative effect that globalization has on culture then focus on the ethical disadvantage it brought, to finally talk about the damage it did to skilled workers.
Larsson, Thomas. The Race to the Top: The Real Story of Globalization. Cato Institute, 2001.