Introduction
According to Globalization101.org, “Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world.” There are countless numbers of benefits and detriments of globalization. Greater free trade, Greater movement of labour, Increased capital flows, Growth of multinational companies, Increased integration of global trade cycle, Increased communication and improved transport, effectively reducing barriers
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Globalization not only reduces international poverty but contributes to the global spread of technology and strengthens bonds between countries. Spite all these benefits to modern globalization, there are serious costs to globalization that we as a whole population should not look past. These include the fact that free trade harms developing economies. According to an article by Tejvan Pettinger on Economicshelp.org, “Developing countries often struggle to compete with developed countries, therefore it is argued free trade benefits developed countries more.” Also, there are environmental costs, labour drains, less cultural diversity, Tax competition and tax avoidance along with many health concerns and the reason behind this research paper, the global obesity epidemic. I believe, as a result of internationalized foods and diets, global obesity is on the rise in developed and developing countries. Globalization should be reformed to promote better health and control the global …show more content…
The increase of knowledge, trade and capital driven by new advancements in technology. “There is fierce debate among scholars about when globalization began.” Stated by Investopedia.com. Economists argue globalization started with the earliest human migratory routes, while others view it far more modern. The term itself, globalization has seen common use since the 80’s. I believe globalization started in the post-war era when the United States was seen as the most powerful country in the world. Multinational corporations set off a swell of consequences, both very positive and negative. Investopedia.com states, “The unpredicted ease of travel around the globe and the development of modern communications are used to support this view of globalization.” Capital flowing from country to country around the world has changed the way businesses increase in size and power. Thefreedictionary defines industrial capital as “Capital advanced to produce surplus value and functioning in the sphere of material production, including industry, agriculture, construction, and transportation.” Advancements in transportation (such as cargo ships, jet engines and cars) have created a bridge to hundreds of countries and thousands of cities all around the world; thus increasing trade, money, and knowledge all around the world. An article from the Obesity Prevention Source Defines, “ Globalization- The inexorable spread of
Globalization allows important processes to occur and be maintained more efficiently and important ideas to become reality in an environment where they otherwise may not be. There is a certain irony involved in this however that must be mentioned. For example, globalization is going to allow the world to work together to hopefully solve our apocalyptic environmental predicament in a best case scenario. Of course however, this predicament is a result of globalization(1, Conclusion). Still, it allows the human race to push forward, which at this point we must recognize as a necessity of our species in a time where progress of the human race is growing rapidly. In my opinion this is a progress is written in our DNA, and globalization has allowed us to accomplish truly incredible things(2, Conclusion).
Globalization refers to the development of an integrated world economy, exchange of cultural views, thoughts, and products (Wikipedia, 2013). Pologeorgis (2012) states that, essentially globalization began with the exploration and settlement of new lands. Communication and transportation advances have aided in this process.
Globalization’s impact on sustainable prosperity is examined in the source. It does this by asking a question. Also examined is the impact on all people and this would include both developing nations as well as developed nations. The source is also somewhat leading the reader to question the extent of the impact, which implies that there is a positive impact on sustainable prosperity. Also the fact that it states, “for all people” implies that all people benefit. While globalization may contribute to sustainability to a limited extent or in certain circumstances, on the whole, globalization degrades rather than builds sustainable prosperity. This will be explored through looking at globalization’s systems and forces, specifically consumerism, the media and transnational corporations.
Globalization has, for better or worse, altered the economic arena for every country in the world. For many less developed countries, globalization has leveled the playing field so that their economies can compete with the larger, more developed ones such as the United States and other large western economies. For instance, technical engineers in India and China are now just as qualified as engineers in America, but at half the cost. The once large and prosperous service sector in the United States as well as telemarketing services have largely been sourced to India as a large exodus of American multinational corporations find cheaper workers who deliver comparable quality. This then seems to be the essence of globalization - businesses
Globalization has had both a positive and negative impact throughout the world. An interconnectedness within the world where complicated issues can arise creating an unevenness that can contribute to a societies as well as the individuals happiness in life (El-Ojelli, 2006:p1). The negative impacts of
The term globalization can be defined as a process by which societies, regional economies and cultures have been integrated via a global network of transportation, communication and trade. It has both positive and negative impacts in all the areas that it touches on be it economical, social, technology, cultural, political, environment, health or any other. Globalization started to have an impact on businesses world wide in the eighteenth century since that time marks the merging of modernity and globalization. However, in the modern sence, globalization kicked off after the end of Second World War since its during that time that leaders felt the urge to break down the borders
America is well known throughout the world as the strongest superpower on the planet. However, the nation is also known as the most unhealthy country due to the amount of overweight people residing in the United States. These individuals tend to consume large amounts of fast food filled with calories which causes weight gain and fat deposits. The rapid growth of fast food chains and no general knowledge of the impact of fast food contributed to obesity that is spreading in America. Obesity causes many health problems to surface in the human body such as Type 2 Diabetes. Growing health problems start straining the economy due to increasing the health budget to allow more people
London School of Economics and Political Science graduate Joan Font, offers the effects of globalization on obesity and caloric intake. Joan makes his case from an economical and social standpoint, this is backed up by his education specialization in Health Economics and Social Policy. Joan looks deep into the prevalence of obese people from 1985-2005 and compares this to globalization.
During the last decade of the twentieth century, the word ‘globalization’ has become an increasingly prominent feature of political, social, and economic discussion in academic and policymaking circles, as well as in the media. The processes and outcomes of globalization drew attention and debates that had one thing in common. The research shows that nearly everyone agrees that globalization is a trend that is changing the face of the world, and as a result the world society lives in a more ‘globalized’ world. Nearly two and a half decades passed since 1990s, and studies have been conducted to examine the causes and consequences of globalization. Moreover, nearly every person experiences some type of globalization and can testify firsthand the effects it has on their life, society, and the state. The analysis of the effects that globalization dynamics have on the world society indicates that globalization has a significant positive impact via spreading opportunities and wealth across nations, stimulating innovation and productivity, enhancing the economic development of poorer countries, and helping to improve living standards.
There are many benefits from globalization. One benefit is more efficient markets, efficient markets means supply and demand. Efficient markets cause the economy to multiply, in a world like ours if the economy is increasing, every thing that is connected to it benefits. Another advantage of globalization is new solutions, globalization permits significant procedure to occur more efficiently and important ideas to become reality. It also allow use, the human race to push forward. On the other hand, the disadvantages of globalization are that someone always has to lose, and that the home team loses. Someone invariably has to lose since globalization is fundamentally a
A steadily increase in childhood obesity has gained the awareness of everyone. Many are wondering that today 's obese children may turn into the generations next obese adults. Obesity is a global issue, and being knowledgeable of the causes is an affection way of prevention. Technology, foods, and genes all factor into the childhood obesity epidemic. For example, “McDonald 's even has toys in their food, increasing production and influencing students to eat it more” (Qtd. by Marcia). It is certainly helping increase trends. “The overall health didn 't increase in the US between 2010 and 2011( (United Health Foundation).” A child is considered obese when they are above or at the 95th percentile with his/her peers. Obesity puts children at risk for health problems down the road. Strokes, heart issues, etc. are many problems in connection with it. Adults of today were limited to the exposure of these problems. Easy/unrelented access technology, fast food, and genes have been major factors. “Also, nearly 60% of children use technology for three hours or more daily”(Qtd. by Marcia Clemmit).Using most of your day outside of school inactive is a major problem, and what 's worse, is that parents allow it as children are influenced by their actions. Also, genes are another factor as children maintain genes where they have no control of, increasing their chances of being obese further in life. In general, obesity is factored upon major things like technology, fast foods, and
The most imported products and food are iPhones and chocolate beans since they can’t be made in the United States due to the environment and the choices the maker has decided. Most of all, it makes our lives feel further connected and wanting to support where our products came from. For the people who determine to not like the idea of Globalization, says that local businesses have been shutting down due to multinational corporations, having advanced in Science and Technology gotten people to lose their jobs. Throughout six articles, all have their own viewpoints about globalization is or is not helping local business and local economies.
Over the past decade, increasing numbers of Americans, as well as people worldwide, have jumped on the low-carb bandwagon. With thirty one (31) percent of its people being obese, the United States has become the country with the highest rate of obesity in the world. Obesity is a global problem and has become a crucial epidemic, affecting an estimated ten percent children across the world with a significant likelihood of having multiple risk factors and a variety of other co-morbidities before or during early adulthood (Lobstein, 2004). The world especially America is clearly in crisis due to the continuously rise of obesity in an alarming rate. Obesity is a global prevalence, there are physical, psychological, social, economic, environmental, and biological influences on obesity, with prevention the only possible solution. Childhood obesity is on the rise, and it is important to educate and inform parents about the causes and how can prevention be possible. The imbalance of calories consumed and calories used can result from the influences of a number of factors including genetic, behavioral, and environmental factors. Unless there is a broad cultural, behavioral, physical, and environmental change among people regarding diet and exercise in America, obesity rates will most likely continue to rise.
Globalization can best be defined as the shrinking of our world. As technology advances the gaps between Countries is closed, and our society as a whole becomes more integrated. Globalization is something that has been occurring for thousands of years, with one early example of Globalization being the use of the Silk Road, which connected China and Europe during the Middle Ages. Globalization can offer businesses many was to increase business, while at the same time threatening them (Globalization101.org, 2014).
People around the world are more connected to each other than ever before. Information and money flow quicker than ever. Products produced in one part of a country are available to the rest of the world. It is much easier for people to travel, communicate and do business internationally. This whole phenomenon has been called globalization. Spurred on in the past by merchants, explorers, colonialists and internationalists, globalization has in more recent times been increasing rapidly due to improvements in communications, information and transport technology. It has also been encouraged by trade liberalization and financial market deregulation.