Globalization Is a Part of Our Lives Essay

Submitted By mmoses1957
Words: 2180
Pages: 9

Globalization Is A Part Of Our Lives
By
May Moses
Saint Leo University
08/19/2012

Contents

Abstract………………………………………………………………………3

The impact of Globalization………………………………………………4-5

Pros of Globalization…………………………………………………………5-7

Cons of globalization……………………………………………..…………..8-9

Conclusion……………………………………………………………………..9

References……………………………………………………………………10

Abstract:
Globalization is the flow of information, goods, capital and people across political and economic boundaries. See how much you know about this important phenomenon.
Globalization is here and it’s a part of our lives what does this mean for us, Most Americans have mixed feelings and have felt the effects of moving US jobs and businesses to other parts of the world.
The world is becoming more globalized; there is no doubt about that. While that sounds promising, the current form of globalization is thought to make a stronger world economy; but many people are worried today about the condition of the US economy and blame globalization. Globalization has its positive points and can cause a country to have a stronger economy. Goods and services can be purchased at a cheaper rate and sold at a higher rate. Then there are the negatives of globalization were jobs are lost due to overseas expansions. Many industries that the US depended on for jobs to feed their families and pay their bills have move to other countries, leaving a big loss of capital in the US economy, many people are hurt by the globalization. Many industries have to depend on government subsidiary programs to make ends meet which hurts the economy more because that puts the government in more debt and raises taxes. Our economy has collapsed because of that contributing factor. The guidelines for Globalization should be reviewed with the future of a strong US mind. We are getting ourselves in the position of many third world countries, no jobs low paying jobs and a high level of crime. While globalization is a catalyst for and a consequence of human progress, it is also a messy process that requires adjustment and creates significant challenges and problems. This rapid pace of change can be unsettling and most societies want to control or manage it.

The impact of Globalization
The expansion of world trade, communication, immigration, capital flows, and multinational business activity has generated a great deal of political controversy in recent years. Globalization will make a dramatic impact on any economy that is affected by globalization. Globalization affects the everyday people more so than anything else people that have worked with the same employer for 20 years or more and for whatever reason the company decides to move to another country. When globalization happens and leaves hundreds of families without knowing what their future will hold that is a problem and not only for the people that lost their jobs; but also for the economy it will affect. Globalization is supposed to make things better but when it all comes down the only benefit is for the company and the country where the business has decided to relocate.
There are more American jobs that ever being outsourced to other countries where the citizens that speak the English language. This is what is happening in America but this is also what globalization is doing all over the globe.
Globalization has forced Americans to look at the world in a new perspective, we now have to reeducated ourselves and make sure our children are going to be properly educated and prepared for the high tech world that globalization will bring about.
We use to have receptionist or customer service people in every office or plant; now you speak to an automated response. The face to face interaction is being replaced with technology. technology is what has made the road for globalization to ride.
Globalization is everywhere it is the world connecting to the growth and supposedly the betterment of mankind. The success of…