https://padlet.com/s_timothy_longoria/globalization Tim Longoria en-us 2016-05-24 14:14:23 UTC 2016-06-01 00:17:39 UTC hello@padlet.com https://padlet-assets.storage.googleapis.com/portrait/earth.jpg s_timothy_longoria https://padlet.com/s_timothy_longoria/globalization/wish/112340133 These sources argue that globalization has made the world better]]> 2016-05-24 14:21:42 UTC https://padlet.com/s_timothy_longoria/globalization/wish/112340133 s_timothy_longoria https://padlet.com/s_timothy_longoria/globalization/wish/112340682 These sources argue that globalization has made the world better]]> 2016-05-24 14:23:42 UTC https://padlet.com/s_timothy_longoria/globalization/wish/112340682 s_timothy_longoria https://padlet.com/s_timothy_longoria/globalization/wish/112711017 Developing countries are gaining wealth, based on GDP growth, and globalization increases the rate of growth. There's also more political stability as free markets shows democratic and capitalistic philosophies. There will be an general improvement in standard of living meaning more jobs, innovation, and equality. Because of trade, goods, services, and culture spread. Some demonstrations include music, sports, food, clothing, and availability to travel better individuals life. Consumers will have a larger variety of products available. From culturally significant items such as food to universal technology, consumers have more choices. On the other side, businesses will now be making more sales.]]> 2016-05-26 15:48:03 UTC https://padlet.com/s_timothy_longoria/globalization/wish/112711017 s_timothy_longoria https://padlet.com/s_timothy_longoria/globalization/wish/112711643 Often considered negative, globalization has powerful positive impacts. Markets will become efficient. Businesses may lower their prices by purchasing cheaper supplies or raise prices and use the excess profit for higher wages or projects. Both are economically favorable outcomes. Consumers will benefit from international competition. Businesses will strive to increase quality and watch prices of other producers. Relationships between countries are improved. When trading and depending on others, war is less likely to break out. Wealth and corresponding standard of living becomes spread globally. Certain industries may be harmed in the United States but that is minimal and insignificant when compared to the growing economies of many developing countries.]]> 2016-05-26 15:51:49 UTC https://padlet.com/s_timothy_longoria/globalization/wish/112711643 s_timothy_longoria https://padlet.com/s_timothy_longoria/globalization/wish/112990372 2016-05-30 00:51:11 UTC https://padlet.com/s_timothy_longoria/globalization/wish/112990372 s_timothy_longoria https://padlet.com/s_timothy_longoria/globalization/wish/112994907 By studying life expectancy and infant mortality, it is seen life quality is improved by globalization. While thought competition would drive nations to exploitation, such as child labor, studies show child labor has decreased. Countries that have opened their economies have grown to the top of the world. There is also a major decrease in poverty noted in these countries. In wealthier countries, environment is a concern while deforestation and pollution grows in poor countries. Because of globalization, the poor nations gain wealth and develop environmental policies. Global trade brings about peace as the transfer of goods effects good terms between nations. Lastly, economies will gain from immigrants being able to work in more efficient factories, increasing production opposed to low efficient workplaces. ]]> 2016-05-30 02:01:43 UTC https://padlet.com/s_timothy_longoria/globalization/wish/112994907 s_timothy_longoria https://padlet.com/s_timothy_longoria/globalization/wish/112995304 In today's world, countries must consider the world economy. It is noted that more globalized nations grow the economy, lower inflation, and raise incomes. Less globalized nations suffer from inflation and a slow economy. More globalized countries averaged, from 2001 to 2003, at 2.3 percent inflation rate. The less globalized nations reach 10 percent inflation. As nations become more globalized, trade barriers are lessened and money may flow easily. They are also less likely to impose harmful taxes on businesses. Other policies are improved such as technology policies encouraging innovation. Embracing global economy and policies that push growth are certainly connected.]]> 2016-05-30 02:07:35 UTC https://padlet.com/s_timothy_longoria/globalization/wish/112995304 s_timothy_longoria https://padlet.com/s_timothy_longoria/globalization/wish/113003998 Many economists see globalization as the answer to everything but ignore some major things that happen in real life. First, as countries become globalized, such as China, they starts using more finite resources, especially coal. Related to coal consumption, more carbon dioxide is released into the atmosphere/environment. Oil prices are also rising. The supply of oil is steady and reaching limits while the demand rising because of globalization increasing production. Rising, developing countries will also need oil now. Similarly, jobs are spreading to developing countries which will likely have cheaper production costs such as low wages. Businesses will want to move where production is cheapest and corporate taxes will have to be relocated onto citizens. Lastly, nations will start to depend on each other and interruptions may ripple through all the connections. ]]> 2016-05-30 04:13:42 UTC https://padlet.com/s_timothy_longoria/globalization/wish/113003998 s_timothy_longoria https://padlet.com/s_timothy_longoria/globalization/wish/113005195 Often ignored when talking about climate change, the transportation used in global trade is releasing major amounts of gases. This transportation, such as trains, ships, and trucks, is using a majority of the world's oil and alongside, releasing carbon dioxide. It's more than just importing the final product. Using a bottle of ketchup as an example, the tomatoes are grown in one nation, processed in another country, poured into bottles from across the continent... and you see how much transporting is actually underway. It is also noted that countries will ignore fuel efficiency and aim for profit in terms of types of transportation. Another energy usage factors method of farming. Some countries will use greenhouses while others stick to organic agriculture. Either way, policies need to address the environment when considering globalizing. ]]> 2016-05-30 04:31:31 UTC https://padlet.com/s_timothy_longoria/globalization/wish/113005195 s_timothy_longoria https://padlet.com/s_timothy_longoria/globalization/wish/113005271 Statistics are clearly showing globalization's negative impacts on America. First of all, jobs are being lost to cheaper labor. Also, the U.S. importing much more than their exports. This deficit is decreasing and the United States is losing many factories. The standard of living is falling along with this. Many are going unemployed and cannot find any more jobs. The growing dependence on foreign oil is a problem as well. That is raising oil/gas prices hurting residents even more. Overall, the U.S. is losing economic power on a global scale. China especially has been gaining from America's spending and may take the upper hand over us.]]> 2016-05-30 04:32:25 UTC https://padlet.com/s_timothy_longoria/globalization/wish/113005271 s_timothy_longoria https://padlet.com/s_timothy_longoria/globalization/wish/113058182 When countries open up their trade, poverty decreases. Those who are poor will now have higher incomes and be able to provide nutrition, care, etc. Demonstrated when Vietnam opened their economy to globalization, poverty went down significantly without increasing income inequality. Not only individual improvements, but the country starts growing much quicker. While interacting globally exposes the nation to harmful diseases and products, countries will create better health policies. The problem is not in trade policy, but health policy. That counters the negatives from trade and increases health either way. Developing countries will benefit medically. Research on diseases will stretch out to the poorer countries.]]> 2016-05-30 14:24:36 UTC https://padlet.com/s_timothy_longoria/globalization/wish/113058182 s_timothy_longoria https://padlet.com/s_timothy_longoria/globalization/wish/113245851 Globalization is lowering wages for non-educated workers and increasing highly educated workers' wages. Jobs requiring labor are transferring to developing nations and being taken away from America. In 2011, it was noted that non-college educated workers' wages have shrunk by 5.5% due to international trade. Globalization always brings attention to macroeconomic problems such as the value of the dollar and America's trade deficit. Even though opening up to a global economy may help solve these problems, these policies ignore the workers losing pay. These workers are now being forced into other sections which raises the demand and competition, consequently lowering wages again.]]> 2016-05-31 22:24:45 UTC https://padlet.com/s_timothy_longoria/globalization/wish/113245851 s_timothy_longoria https://padlet.com/s_timothy_longoria/globalization/wish/113246990 New and better jobs are not being guaranteed by the trend of globalization. There is also letdowns in the wanted reduction of poverty. The current global policies have not been created with this as a major output. While some nations are thriving, other developing countries are succumbing to poor conditions and cheap labor. Employment may rise but the quality of work nullifies that positive outcome. In recent years, real data has been showing economic growth, by GDP, is not directly increasing jobs as well. Another side effect is by changing supply and demand of different leveled jobs, wage inequality is increasing. ]]> 2016-05-31 22:42:38 UTC https://padlet.com/s_timothy_longoria/globalization/wish/113246990