After watching two separate videos in class last week I
learned that there is a huge conflict in the world whether globalization is a
good thing and a bad thing. There are many pros and cons of globalization. Even
though I believe there are a lot of bad things that come with globalization,
there are also many good things that can come along with it too. I think that
globalization is a good thing in a world like the one we live in today. It
provides many advantages in many areas such as trade, international
relationships, industry, economic growth, transportation, communication, and
also in technology.
Globalization
helps benefit trade by making it possible between countries that are many miles
apart. With globalization, companies will now have a worldwide market where
consumers can now purchase products from countries all over the world. Establishing
trade will also stimulate economic growth within countries. Companies are now
expanding and becoming more competitive with other businesses all over the
world, which is also creating a lot more jobs for the people living in the
country. Part of companies competing with each other means they will also be
competing to have the best price, which usually means lower prices for the
consumers. Lower prices for consumers is one of the biggest benefits for the
consumers buying products.
Countries
are now learning more about other cultures than they have ever known before.
Countries are now able to learn more about foreign cultures and beliefs. I
believe it is a good thing to learn about other cultures and their beliefs.
People are now becoming more open and understanding towards each other and
their way of life.
As more
people are traveling now days, speedy travel is becoming more and more
necessary. Now with mass communication, people can stay in contact with people
in different parts of the world. The internet has become a big deal in
communication and also a great source for information.
It is
because of the growth and improvements in technology that globalization is
possible. The use of modern technology can keep every part of the world in
contact with each other and with new improvements being made every day will
only bring cultures even closer together.