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Coclusion about pros and cons of globalization
Impacts of globalization on culture
Coclusion about pros and cons of globalization
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The topic of Globalization is one that is often tied to a negative or a positive, but the truth is that Globalization is far too complex to fit neatly into either side of the argument. Globalization is such a massive concept with far reaching effects that it is only natural that it has aspects of both good and bad imbedded in it. In addition to having both positive and negative effects it is something that will play a major role in determining our future as a species. In 1000 years future scholars may treat this era with the same importance as the renaissance because of the massive implications globalization will have on our society. In this essay I will attempt to explain a little bit of both the pros and the cons, before getting to the bigger …show more content…
Globalization has already provided us with numerous examples of how beneficial it can be. Small impacts such as providing cold regions with access to fruits in vegetables, as well as larger ones like providing vaccines to developing countries Asia and Africa are examples of the positive nature of globalization. Many countries now find themselves with access to products once reserved for only the wealthiest nations. Furthermore, countries are now more aware of global events and are able to play a larger role when needed. The 2004 tsunami that killed an estimated 240,000 people and displaced over 100 million is an excellent example of a global response to a crisis. Following the event over 60 countries contributed money and resources to help deal with the crisis. Countries including Australia and the United States, as well as smaller countries like Zimbabwe and Croatia contributed aid. Even North Korea sent USD $150,000 in aid (Beaumont et al., 2009). Globalization created the infrastructure and networks required for such a large humanitarian effort to happen. Globalization is more than a business concept, and while it is tempting to consider only the economic impacts, that is only one side of globalization. The humanitarian and cultural benefits of globalization are just as important as the economic ones, and the positives are just as important as the
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.
A number of factors are driving the globalization trend. First is the high cost of medical care in the United States, which is the source of the largest number of patients. Many people find it far cheaper to fly overseas to get treatment versus the high cost of medical care in the United States and the quality of care is often comparable to what they would receive in America. Then is the fact that millions of Americans are uninsured and many more are underinsured and face high co-payments for expensive procedure with the exception of Obamacare, which now makes it somewhat possible for those to afford insurance. Many of these people find it far cheaper to fly abroad to get treatment, because sometimes greater access to modern technology could be the difference between life and death. The cost of medical services in other countries can run from 20-35% of cost for the same procedure in the United States Third, is the emergence of high-quality private hospital chains in Southeast Asia. Fourth, the rising costs of insuring their workforces are starting to persuade some large American companies to look abroad. And finally, some insurance companies are starting to run trials with payment for foreign treatment at internationally accredited hospitals.
(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.
Globalization promises a lot for the future of the world, however the same sections it’s suppose to benefit, it seems to have a reverse affect. It is understood that with every decision there is an opportunity cost, but is that decision worth making if it worsens the very thing it is suppose to benefit? The example provided above about America and the reverse affects of outsourcing is a perfect example of the paradox that globalization presents
Economic globalization has increased over the years more rapidly than anyone ever expected. The invention of new technological improvements, services and businesses is creating a major impact for the increasing trade of good and services between other countries. Globalization is the worldwide movement toward goods, services, technology and capital, it is countries trading internationally establishing business between other countries for financial or specific resources. Debate.org states globalization is also a major importance for the exchange of ideas and ideologies throughout worldwide cultures. There are various advantages and disadvantages that come with international trade and by the end of the essay we will find out overall if the pros outweigh the cons for economic globalization.
Globalization helps restrict movement of products, and ideas across national borders and regional lines. Bill Gates once said, “this is a very exciting time in the world of information. It's not just that the personal computer has come along as a great tool. The whole pace of business is moving faster. Globalization is forcing companies to do things in new ways.” I believe that the current stage of globalization is a good thing because, it’s creating jobs in third world countries, creating cheaper prices on products, and it’s creating competition between businesses.
“Because it is widely seen as inevitable and nearly inalterable, globalisation is often presented as a force that must be embraced without reserve, but doing so benefits some people while putting others at grave risk.” (Timmnos Roberts J., Bellone Hite A., 2007). Globalisation has been a widely discussed topic and a frequently used term to describe the worldwide movement toward economic, financial, trade and communications integration(ref). It has been described and defined by many and it is difficult to provide only one definition of the term as it covers so many aspects of our lives and everything around us. Many argue over its advantages and disadvantages with a goal to determine whether it brings more harm or good to the world, but one
Economic globalization is a phenomenon that countries in the world tend to connect to each other by trading products, technologies and capital. With information era coming, economic globalization is unavoidable of each country. It connects each country tightly on economics. People in many developing countries can get the products they never see in their countries; many techniques were imported by developing countries increased production efficiency. On the other side, economic globalization caused some problems to developing countries, such as the ecosystem was threatened by exporting too many resources to developed countries. Is economic globalization good for developing countries? In my opinion, globalization is good for developing countries. The benefits are brought from economic globalization in developing countries have much more advantages than the damages are brought from it.
The term entered common vocabulary in the 1980’s and it grew so popular that the economic, political and cultural background of today is now described as “The Era of Globalization.” However, this term needs to be thoroughly clarified as it means different things to different people. To some, it is a natural phenomenon of wide-spreading economic, social, and political activities of different countries beyond their physical borders. In these people’s view, the increase in free trade and international exchange of information, labor and technology represents a beneficial process of economic development. Yet, there are others who believe globalization can damage the level of employment, the social progress and the cultural identity of a country. As a result of these divergent views on the matter, the term “globalization” and the phenomenon it names are the subject of a very strong debate.
Though globalization has proven to be more of an evil then a benefactor to the world, it appears it has become a necessary evil. It has brought about great changes, along with horrific ones as well. None the less, Globalization is no to be feared, just not embraced as widely and intrinsically as the world has today, for it permits those whose objective is gain by any means necessary to take advantage of those who maybe innocent to the negative effects.
Globalization is a complex notion .It has as many positive aspects as negative impact. The debate over globalization is continuous as it benefits some parts of the world and detrimental to others.
Humans have interacted over long distances for thousands of years. The overland Silk Road that connected Asia, Africa, and Europe is a good example of the transformative power of trans-local exchange that existed in the "Old World". Philosophy, religion, language, the arts, and other aspects of culture spread and mixed as nations exchanged products and ideas. In both the 15th and 16th centuries, Europeans made important discoveries in their exploration of the oceans, including the start of transatlantic travel to the "New World" of the Americas. Global movement of people, goods, and ideas expanded significantly in the following centuries. Early on in the 19th century, the development of new forms of transportation (such as the
trade to the free movement of labour, can also be a downside for specific countries and
Globalization affects this world and the people of this world in many ways. It is the idea of making the entire world like a single country.
Globalization has global benefit and cause for concern. A few of the global benefits are more efficient markets, increased competition, stabilized security and more wealth equality throughout the world.