Standard Of Living In America

Ensuing the Biblical floods, all of the world’s rebuilt peoples gathered in Shinar - an area in Mesopotamia, covering parts of present-day Iraq and Syria. The whole world had one common speech for its entire people. The new people of the earth decided to build a city with a tower that would reach to the heavens. By building the tower they wanted to make a proud monument to themselves and a symbol that would keep them united as a powerful people. God came to see their city and the tower they were building. “If as one people speaking the same language they have begun to do this, then nothing they plan to do will be impossible for them. Come, let us go down and confuse their language so they will not understand each other.” (NIV, Genesis 11:6-7)

Although many Americans contend that their standard of living has gone down because of globalization, the flip side to this is that hundreds of thousands of people around the world now have jobs, have started their own businesses, and can provide comfort for their families. Living in the U.S., we take things like clean water, shelter and plentiful food for granted. Our standard of living is so high compared to many nations that when we can no longer buy frivolous luxuries, we claim that we are poor. Perhaps a better phrase than wealth equality is “standard of living.” Globalization does several things nobody can deny: it creates jobs, it improves infrastructure and it allows more people to live at a higher global level every day with access to medicine, clean water, food production, and housing. “In the 1960s, non-globalized economies grew at an annual rate of 1.4% while globalized economies grew at 4.7%. Another relationship between globalization and GDP was seen in the 1990s when developing countries had 5.0% annual growth compared to only 2.2% annual growth in economies that had been globalized for longer” _______. This correlation between globalization and annual growth demonstrates benefits to international trade, economic development, and standards of living. Globalization has been blamed for robbing workers of their jobs. Some employment trends in developing and emerging countries appear in parallel as jobs lost in some sectors in OECD (Organization for Economic Cooperation and Development) countries often appear as jobs gained in other