Negative Aspects Of Globalization

It’s a small world and it’s only getting smaller. Prior to the late nineteenth century, communication between countries was limited to physical messengers and face to face meetings. Messages would take extended periods of time up to travel to intended destination, even months at a time. Today communication between even the common man is almost instantaneous, bringing citizens from opposite ends of the world closer together. The exchange of ideas on a global level is higher than ever.

The ability to convey information is and always been a powerful tool, and is what allowed humans to form societies. Societies allow people to coordinate, overcome obstacles and achieve things that could never be done by even a few individuals. For example, cities,

It was the 1600’s that saw advent of international maritime trade. Firms like the British East India Trading Company, helped develop, multinational trade routes between the Britain, the Indian subcontinent , and China. Of course, while goods were being traded, other non-goods were also being swapped. Things like culture and concepts were swapped between men from global locations, along with the trade of goods, these exchanges help form the concept of globalization.

Globalization is a term with many applications, but usually referred to when speaking of the international transfer of goods and culture. A term brought up in conversations when speaking of the economic interdependency of modern world. Or an overall description of the dissolving of nationalism and ethnic differences, and the solidification of international

Once America began trade with other countries, who could provide goods at much cheaper rate, manufacturing jobs saw similar a fall as agriculture jobs did previously. Other developing countries involved in trade with more mature economies, are able to pay less to employees, giving them the ability to sell goods at lower price, than those manufactured elsewhere. Additionally, while it’s not a simple process and not necessarily guaranteed, the inclusion of developing countries in the global market, also helps give a boost said