Effects of Globalization

886 Words2 Pages
bulb-icon

Recommended: The benefits of economic globalization

When thinking about globalization, why should that not be our alternative? Globalization, sounds like it would bring unity and full participation from all countries during global crisis. Globalization may be the most powerful form of action that the government could perform. If all the countries did come together and formed an alliance, they can have all of the country’s best entrepreneurs, politicians, economist, engineers, and scientist come together to be able to innervate or invent products and plans that we could not even imagine. Effects of globalization would be faster progression on innervations and inventions, improved strategies and methods that will enhance our economy, and open communication to all foreign countries.
One beneficial effect to globalization would be the improved quality of products due to global competition. If we had all the brain power from every country in one room coming up with designs like the next laptop or the next high end vehicle, think about the possibilities that they could come up with. “Globalization openness to innovation and creativity naturally enhances people’s abilities to proactively innovate and create. A new class of people who benefit from solely generating ideas and feeding them into institutions and projects have emerged. Concurrently the capacities of companies to grow from “ideas” have grown exponentially”(Globalization and foreign policy). The Osborne Company in the United States invented the first laptop in 1981. Otto Wichterle of Czech Republic invented the first soft lenses in 1959. What if they worked together to innervate a contact that had a microchip imbedded in the hydrophilic hydrogel, so someone could have full access to their PC from a blink of an eye. It sounds fa...

... middle of paper ...

...ade up by people that were no smarter than you, and you can change it, you can influence it, you can build your own things that other people can use.”(Forbes). There is unlimited possibilities and we should try everything we can to improve not just the world, but also ourselves.

Works Cited

Be ‘Very Worried’ About U.S. Economy in 2013. Yahoo Finance. YF,2012. Web. 17 October 2012.
Great Human Inventions by Country and Chronological Order. Eupedia. E, 2013. Web. http://finance.yahoo.com/blogs/breakout/very-worried-u-economy-2013-2014-says-jim-133427956.html http://www.eupedia.com/europe/list_of_inventions_by_country.shtml http://www.regjeringen.no/en/dep/ud/kampanjer/refleks/innspill/globalorden/aderinwale.html?id=492861# http://www.forbes.com/sites/carminegallo/2013/08/16/10-powerful-quotes-from-the-steve-jobs-movie-and-what-they-teach-us-about-leadership/#

Show More
Related

  • Capitalism: Where Do We Come From?

    564 Words  | 2 Pages

    Globalization is the process of people of different cultures or countries integrating through interacting through trade or the use of social media. In “Point: Globalization Provides a Better Life for All” By Jennifer Graham, she provides a valid point of view of how globalization has benefited society. “Globalization enriches the human experience through increased cultural and economic integration, which promotes diversity by opening society to new technology, communication and ideas...Moreover, globalization helps to break down discrimination against people on the basis of religious beliefs or race” (Para, 11,13). Globalization has an impact on my lifestyle because I am currently surrounded by technology and different cultural food. With globalization I have access to different foods that i would normally never get to try, also technology has allowed me to gain knowledge about different culture I would normally not know, this results in me being more informed and benefited because of globalization bringing the different culture of the world so much closer

    Read More

  • Capitalism Where Do We Come From Analysis

    636 Words  | 2 Pages

    Globalization is the process of people of different cultures or countries integrating through interacting through trade or the use of social media. In “Point: Globalization Provides a Better Life for All” By Jennifer Graham, she provides a valid point of view of how globalization has benefited society. “Globalization enriches the human experience through increased cultural and economic integration, which promotes diversity by opening society to new technology, communication and ideas...Moreover, globalization helps to break down discrimination against people on the basis of religious beliefs or race” (Para, 11,13). Globalization has an impact on my lifestyle because I am currently surrounded by technology and different cultural food. With globalization I have access to different foods that I would normally never get to try, also technology has allowed me to gain knowledge about different culture I would normally not know. This results in me being more informed and benefited about the world as a whole because of globalization bringing the different culture of the world so much closer

    Read More

  • To what Extent does Globalization Contribute to Sustainable Prosperity?

    1067 Words  | 3 Pages

    Globalization helps many people achieve greatness. But for the majority it brings hardships and struggle. People will be plagued by the effects of globalization and will have a tough time over coming it. We are far from reaching a point where we can say we have sustainable prosperity throughout our world. But before we focus in on sustaining prosperity, we must first reach prosperity and bring it to all corners or the earth.

    Read More

  • The Pros and Cons of Globalization

    2091 Words  | 5 Pages

    (Bilton et al 1996:5) The process of globalization has certainly had many changing effects to the world we live in; it has also changed the way many factors operate. Globalization is said "to have transformed the structure and scale of human relationships that social, cultural, political, and economic processes now operate at a global scale with a consequent reduction in the significance of other geographical scales. "(The Dictionary of human geography 2004:315) Globalization has had both positive and negative effects on a local, national, international and global level. Globalization often brings benefits at one level which cause negative effects at another, these results and the scale at which they manifest are often uncertain and unpredictable.

    Read More

  • Negative Effects of Globalization

    671 Words  | 2 Pages

    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.

    Read More

  • The Pros and Cons of Globalization

    458 Words  | 1 Pages

    It is widely accepted that there are a lot of benefits globalization brought to our life. Firstly, advanced transportation system makes different places of the world closer. Considerable amount of exciting tourists can visit remote villages in the corner of the earth. Secondly, new telecommunication, such as internet and TV, makes people’s common life colorful. Fans in China who are interested in Manchester United can also share their joy with their counterparts in United Kingdom, when the team won a game. Moreover, we can buy the popular products of high quality made in other countries, such as automobiles of Volkswagen and furniture of IKEA. Finally, globalization can lead to cooperation in trade between different countries. Even though globalization can bring so many conveniences to us, we still worry about its severe negative aspects.

    Read More

  • Globalization: The Path to Destruction

    1766 Words  | 4 Pages

    Now, before I bash globalization it is some positive I would like to discuss. Globalization is great for the American economy; we can supply the world with our goods and services, which in turn can possible, relieve the deficit we’re in. “Homegrown industries see trade barriers fall and have access to a much wider international market. The growth this generates allows companies to develop new technologies and produce new products and services.” (Buzzle) Also, globalization leads to better relations between countries when they create trade agreements. Globalization does not drain every under-developed company but brings a new era of economic change and the hope of being a world super power to certain nations. “Economic globalization gives governments of developing nation’s access to foreign lending. These funds are used on infrastructure including roads, health car...

    Read More

  • Globalization and Technology’s Impact on the World

    1667 Words  | 4 Pages

    Global technology can affect all areas of life including economic, medical, cultural, and political. The need to cite definition Technology in globalization is how new things spread and help to better develop our world and the way we live. Many discussions have taken place in recent years about the use of technology and globalization and its impact on the world has been both criticized and praised. Globalization and technology are good for the world because they have had a positive impact on communication, education, science, medicine, economics, politics and social circles across the globe. Technology allows people from all lifestyles and from all around the world to be able to communicate with one another within seconds, instead of having to wait up to a couple of months for a letter to travel around the world to the other person and back.

    Read More

  • Globalization Essay

    941 Words  | 2 Pages

    Finally, everything in the world has a positive side and a negative side and globalization is one of them. It is up to us the people of the world to maximize the positive aspect of globalization and minimize its negative aspect.

    Read More

  • The Disadvantages of Globalization

    1583 Words  | 4 Pages

    Globalization is a term that is difficult to define, as it covers many broad topics in the global arena. However, it can typically be attributed to the advancement of economic, social, and cultural interactions among the companies, citizens, organizations, and governments of nations; globalization also focuses on the interactions and integration of countries (The Levin Institute 2012). Many in the Western world promote globalization as a positive concept that allows growth and participation in a global community. Conversely, the negative aspects rarely receive the same level of attention. Globalization appears to be advantageous for the privileged few, but the benefits are unevenly distributed. For example, the three richest people in the world possess assets that exceed the Gross National Product of all of the least developed countries and their 600 million citizens combined (Shawki and D’Amato 2000). Although globalization can provide positive results to some, it can also be a high price to pay for others. Furthermore, for all of those who profit or advance from the actions related to globalization, there are countless others who endure severe adverse effects.

    Read More

  • The Importance of Globalization

    1568 Words  | 4 Pages

    Using 1997 financial crisis and other examples, discuss how globalization is important to the modern business journalism. Introduction

    Read More

  • Globalization Essay

    2027 Words  | 5 Pages

    I have mixed opinions about globalization as a whole. I think for the economies of most countries it can be beneficial as it will help develop non-developed countries. Globalization has the potential to make the world a better place to live and solve some very long standing problems like unemployment and poverty, which will have a positive impact in the future. Other than having one world government, which I think would have a negative impact in the future, I think globalization will have a positive impact in the future, if it will increase wealth, decrease poverty and allows cultures to blend without each country losing their own cultures.

    Read More

  • Globalization Reflection Essay

    1065 Words  | 3 Pages

    Globalization is a global process that is changing the world. I would also like to discuss what are the benefits and drawbacks of globalization in the world from different perspectives.

    Read More

  • The Positive Effects of Globalization on My Life

    1774 Words  | 4 Pages

    Not only is there a sense of globalisation in the things we watch but also in the way we watch them. For example, digital television has become such a part of everyday life for the majority of UK viewers that many don’t even know they have it. The total number of households in the UK with digital television now stands at 15,715,178. We are now able to watch the same channels as people at the other side of the world, thanks to digital television. We have so much choice that we, at times, don’t know what to do with all of it. It has the availability to hold around 999 channels ranging from BBC channels to children’s cartoon channels, from DIY shows to adult content channels; it is all available to us.

    Read More

  • Impact of Globalization on People

    1497 Words  | 3 Pages

    Globalization is one of the main aspects in the 21st century. Globalization has brought the world closer; all the things that are happening nowadays are recognized globally even if they happened locally (Buckley). According to Nayef Al-Rodhan GCSP (Geneva Centre for Security Policy) globalization is not a single word or concept. It contains many other concepts within itself. Globalization is composed of different concepts like incorporation regarding the economics, transmitting information or understandings, stability within beliefs, and other concepts (Al-Rodhan p.3). This paper deals with the definition of Globalization, the advantages and disadvantages of globalization, and based on these information the views that to which extend the globalization is beneficial for majority of the world's population. The concept of globalization has changed the whole shape of the world. It has both its positive and negative impacts on people's life. However, by taking both the advantages and disadvantages into consideration we can find that to a large extend globalization is beneficial for majority of the world's population. With the help of globalization the works that were difficult in past is getting easier in today's environment. People are getting closer to each other, which is a product of globalization. Moreover, the knowledge and informations are being circulated in very good way which is a very good sign for having a good and prosperous life.

    Read More

More about Effects of Globalization

Open Document