The global century

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Recommended: Globalization and its benefits

The majority of all utilities that we use today are even from the United States, but instead were probably assembled in places other than the United States. Globalization doesn’t just help manufacturers in China and Singapore, but it greatly benefits the average American. In America, globalization really means better business with lower overhead and the American population is lavished with a large variety of products available to them but at lower, more competitive pricing as a result of a strong, flexible economy. Globalization has positive and negative aspects, but overall I believe that globalization can the average American far more than it would hurt him or her if we learn to embrace the effects it brings to our nation.
The past seventy years have seen a steady increase of globalization in our lives. For businesses, it means more added benefits to buying manufacturing materials at lower costs to assemble a product instead of having to use just the locally available products. Product materials can now be found at lower prices than they once were before, in large part because of the increased competition from both the local and corporate businesses vying to attract the most business customers. This often results in the decrease of price points that the business can offer the consumer, therefore making the product more attractive to a larger audience. As a result, businesses can sell their goods more easily than before. The larger marketplace that is used to buy and sell goods around the world allows one to grow his or her brand in a market not limited to ten miles (Maceus). Americans in particular, also have a brand value advantage over other international businesses because American brands often travel and infiltrate markets b...

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...10. Web.
Maceus, Nick. "Globalization and the Untied States." Hubpages. Hubpages, 19 Aug. 2008. Web.
"Most Popular Meals." KFC-History. KFC, n.d. Web. 02 Mar. 2014.
Mourdoukoutas, Panos. "The Good, The Bad, And The Ugly Side Of Globalization." Forbes. Forbes Magazine, 10 Sept. 2011. Web. 17 Feb. 2014.
Pinkney, Mark. "The Impact of Globalization on Our Daily Lives." Examiner.com. Examiner, 26 Aug. 2009. Web. 02 Mar. 2014.
Pirie, Dr. Madsen. "Ten Very Good Things 9: Globalization." Web log post. Adam Smith Institute. Adam Smith Institute, n.d. Web. 18 Feb. 2014.
Rao, Andy. "4 Positive Impacts of Globalization on World Economy." The Collegian. The Collegian, n.d. Web. 18 Feb. 2014.
Smith, Graham. "If You Start Making Nukes, We'll Build More of These! KFC Opens First Iranian Branch in 30 Years." Mail Online. Associated Newspapers, 27 Feb. 2012. Web. 03 Mar. 2014.

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