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Globalization In The United States

Satisfactory Essays

Globalization has created great economic value in the last three decades. Trade

outside borders has increased dramatically, allowing consumers to buy what they

want at lower prices and increased their purchasing power significantly. But cross-

border trade (globalization) has led to a loss of job opportunities for local workers

and low wages for families in the United States and helped by the financial crisis. To

increase their growth and productivity, American companies must compete in export

markets. Because globalization has become more digital, it has made it easier for

small and young companies to participate in the global economy, reach customers

and increase the US opportunity to benefit from globalization. To maintain the

economy

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