Period 3 Globalization - Good or Bad? by Bridget Palumbo

Bad

myamawson — 2024-04-04 17:25:57 UTC

Globalization is bad because it increases global inequality, increases corruption, loss of jobs and environment degradation. According to MotionPoint the Untied States uses foreign sweatshop labor to produce cheaper goods.

Globalization brings us together

daxtonbrouillette — 2024-04-04 17:25:57 UTC

Without globalization, we would be very delayed in terms of technology and medicine. Without globalization, poverty would spike through all countries because globalization creates jobs, take South Korea for example which was a country with no materials and in poverty and would have stayed in poverty if it were not for the company Samsung that relies on globalization to sell and produce their products. Samsung uses factories in different countries and without globalization Samsung would be nothing, therefore leaving South Korea and the 91,334 male and 32,873 female workers in poverty. On average Samsung sells 74.5 million smartphones worldwide which is a result of positive globalization. The world needs globalization because it helps all humans positively congregate and make amazing things.

Globalization is good

trevencyodinas — 2024-04-04 17:26:14 UTC

Globalization generally lowers production costs. This implies that businesses can charge customers less for their products. source is national geographic Effects of Economic Globalization

Globalization is good

gabrielcabrera10 — 2024-04-04 17:26:16 UTC

Globalization is very good because it creates many jobs. According to Europian Parliment, "It increased from 21.7 million jobs in 2000 to 38 million jobs in 2019" These jobs have massively helped increased life expectancy which shows that globalization is a very good thing.

Good

emmaschakaford — 2024-04-04 17:26:18 UTC

Globalization is good because it decreases the cost of manufacturing. According to the article "Effects of Economic Globalization" it can state, "In some cases, this may contribute to improved health by enabling a more varied and healthier diet; in others, it is blamed for increases in unhealthy food consumption and diabetes." This means that companies can offer goods at a lower price to consumers. The average cost of goods is a key aspect that contributes to increases in the standard of living.

Bad

kalebschnackenberg — 2024-04-04 17:26:41 UTC

Globalization is bad because it causes pollution. According to OECD it says "concluded that a 1% increase in trade leads to a 0.58% increase in CO2 emissions for the average country" (OECD). This shows that a lot of countries create a lot of pollution. This 0.58% of pollution can cause less trees and more trash in the ocean. Which kills more sea creatures which just causes more problems.

Globalization Is bad

elinhenschel — 2024-04-04 17:28:29 UTC

Globalization is bad because it brings up many environmental concerns like greenhouse gasses, pollution, climate change, and many other toxins from shipping and trading goods. Our air quality todays is already becoming worse with 99.82% of the worlds air quality being polluted. Oceans are also being polluted with 28,000 tonns of oil from 4 years of data being spilled in the ocean.

globalization is bad

graysonsill — 2024-04-04 17:28:51 UTC

globalization is bad because it ruins culture. according to rlo.action.org it says "It is undeniable that globalization can and has and will diminish or destroy certain cultures, traditions, and enterprises." this shows that culture is being ruined by other countries messing with there culture due to globalization.

Globalization is bad

tinzleeavina — 2024-04-04 17:29:47 UTC

Globalization is bad because it creates pollution when transporting goods from one country to another. The farther a product travels, the more fuel is consumed, and a greater level of greenhouse gas emissions is produced. 1% increase in trade leads to a 0.58% increase in CO2 emissions for the average country.

Globalization is bad

diegobelcher — 2024-04-04 17:30:28 UTC

Globalization is bad as it harbors all the profit to wealthy countries, which widens the gap between the wealthy and the poor. According to Equip Editorial "It is not a perception, but a reality: globalization has made the rich richer and the poor poorer: since the mid 1990s, the richest 10% of the worlds population have accumulated more than three quarters of all wealth generated, while the poorest half got 2%."

Globalization Is Good

nathanielaugustinbagasao — 2024-04-04 17:31:17 UTC

Globalization is a good thing because it has tons of reasonable reasons. It states on Nationalgeorgraphic.org it says, in general, globalization decreases the cost of manufacturing. This means that companies can offer goods at a lower price. Globalization also creates many jobs according to European Parliament, it states "It had increased from 21.7 million jobs in 2000 to 38 million jobs in 2019"

Overall, The advantages of globalization are like the advantages of technological improvement. They have very similar effects like they raise output in countries, raise productivity, create more jobs, raise wages, and lower prices of products in the world economy.

Why is globalization good?

ezraelmore — 2024-04-04 17:31:41 UTC

Globalization is a good thing because companies can offer a lower price. Developing nation expirence and improved stander of living.

good

avarimacklin — 2024-04-04 17:31:46 UTC

Globalization also gives organizations the opportunity to take advantage of lower labor costs in developing countries, while leveraging the technical expertise and experience of more developed economies. According to National geographic , Globalization provides businesses with a competitive advantage by allowing them to source raw materials where they are inexpensive.

Globalization has the ability to lift people out of poverty.

madisonfauni — 2024-04-04 17:31:48 UTC

One of the pros of globalization is that it's able to lift people out of poverty. According to the 2022 Poverty and Shared Prosperity Report, 648 million people in the world, about eight percent of the global population, live in extreme poverty, meaning that they live on less than US$2.15 a day. To add on, it can be stated that “Globalization gives all nations access to a wider labor pool. Developing nations with a shortage of knowledge workers might, for example, “import” labor to kickstart industry” (hbs.edu). Not only that, but another article demonstrates that “Developing nations experience an improved standard of living—thanks to globalization. According to the World Bank, extreme poverty decreased by 35% since 1990. The target of the first Millennium Development Goal was to cut the 1990 poverty rate in half by 2015. This was achieved five years ahead of schedule in 2010. Across the globe, nearly 1.1 billion people have moved out of extreme poverty since that time.” The addition of new, good-paying jobs that don't require any skill will ultimately rebuild the economy and diminish poverty around the world, giving many low-classed citizens access to pay and worker protection.

Globalization is good.

arianebril — 2024-04-04 17:31:52 UTC

Globalization is good because one of the many perks of globalization is it spreads knowledge and technology. According to “motion point.com” it states, “In order to cooperate globally, companies must share similar technology and a technological structure. E-commerce, for example, allows companies to sell products worldwide through Amazon. Similarly, a centralized base of knowledge allows companies to quickly transfer information and develop innovative solutions. For example, in the healthcare sector that means new medications and medical devices can go to market faster in different countries". This is good because companies can reach the global market more easily, leading to the increase of innovation, globalization played an important role in upgrading employment and wages for skilled and unskilled laborers.

globalization is good

kayleelambach — 2024-04-04 17:36:31 UTC

globalization is good because it lowers the price of goods

in an article it states "In general, globalization decreases the cost of manufacturing. This means that companies can offer goods at a lower price to consumers. The average cost of goods is a key aspect that contributes to increases in the standard of living. Consumers also have access to a wider variety of goods."

Why Globalization is bad

triztanortegabarragan — 2024-04-04 17:36:32 UTC

Globalization causes environmental concerns such as Deforestation and loss of biodiversity, pollution, and the introduction of potentially invasive species into new environments. It also causes people to lose jobs, from 1998 to 2021, the U.S. lost more than 5 million manufacturing jobs thanks to the growing trade deficit in manufactured goods with China, Japan, Mexico, the European Union, and other countries. Not shown in the chart are the loss of more than 70,000 manufacturing plants over roughly the same period (1998 to 2019).

Globalization is bad

sofiarotaru1 — 2024-04-04 17:37:29 UTC

Globalization is bad because workers lose jobs to countries with low-cost labor. According to the source entitled "The Pros and Cons of globalization" it can be said "globalization increases the returns to capital in rich countries like the U.S. and decreases the returns to labor in those same countries." In other words, low skill jobs in the US disappear as a result of globalization. The result is a decrease in the inequality between countries.

Why Globalization is Good.

alexkatealeligay — 2024-04-04 17:38:27 UTC

According to an Article about Globalization it states "In general, globalization decreases the cost of manufacturing. This means that companies can offer goods at a lower price to consumers" (education.nationalgeographic .org), When manufacturing businesses provide a lower cost to consumers, it will reach out to many more ranges of people because of the price and quality of the item, it also helps influences more manufacturers to lower their prices because of competition.

Globalization is bad.

chanisemurphy — 2024-04-04 17:38:27 UTC

Globalization is harmful because it takes advantage of poor countries. According to National Geographic, "Critics also suggest that employment opportunities for children in poor countries may increase negative impacts of child labor and lure children of poor families away from school. In general, critics blame the pressures of globalization for encouraging an environment that exploits workers in countries that do not offer sufficient protections." This clearly demonstrates that globalization hinders poorer economies from thriving the way that more wealthy economies do.

good

anthonysonnenberg — 2024-04-04 17:41:42 UTC

Globalization is good because we will be able to provide better roads and transports with improved heath care and improved education.Improving life with lower cost .

Globalization is bad.

shawnkang1 — 2024-04-04 17:43:12 UTC

Globalization is bad because although there are many positive things that spread from the international trade, we must consider that for every game, theres a winner and a loser. We live in the major popularity of the economic sucess of the USA, under the lead of our president and government. But, there are other countries that are on the other end of the spectrum, and globalization just sets them up for failure in the future. To prove this, we must look at the past, and the history of globalization as history is where we grow today. According to 'bucknell.edu', "By 1840, the English parliament decided to convert India from a manufacturing country into a country that specialized in exporting. As a result, India would have to export their recourses to England in the form of raw materials only to buy them back at a higher price, after they had been manufactured into goods. Which created an economic gap between England and India." Globalization grows the economy, not the world economy as a whole. It grows the countries that lead world power, and the countries that steps on the other smaller countries that may be struggling. In the same article, the author continues to say that "In 1948 when England became the biggest power in India; violence, starvation, and corruption overtook the country. As a result, England continued to tax India heavily and export its recourses." This is historical proof of the past and history, that proves the point that the downsides of globalization out weighs the pros. Not to mention, there are cons such as the spreading of physical, and internet viruses, invasive species, inflamation, increases in potential global reccessions, and natural effects such as pollution and global warming.

Globalization is bad

mayaandrus — 2024-04-04 17:43:22 UTC

A serious problem with globalization is the significant environmental issues it brings. "Deforestation and loss of biodiversity caused by economic specialization and infrastructure development, Greenhouse gas emissions and other forms of pollution caused by increased transportation of goods,” (hbs.edu).There is a .58% increase of C02 emissions for the average country alone just by the transportation polluting the environment. Along with that, it also causes deforestation. Around 80% of the deforestation is caused by agricultural production, according to greenspace.org. Ultimately, besides the intense amount pollution globalization is responsible for, it is also responsible for the damaging of habitat destruction, which can hurt the environment and the creatures living in it.

Globalization is a no no 🤠

quinntaylor1 — 2024-04-04 17:57:40 UTC

A con of globalization is Domestic Job Loss. For example, When industrialized countries outsource labor, it causes a shortage of jobs domestically. Laborers whose skills are no longer in demand experience higher unemployment, and struggle to adapt to the changing labor market.

For example, the U.S. trade deficit with China eliminated 3.7 million jobs between 2001 and 2018, and more than 75% of those losses were in manufacturing.