Globalization Is It Good Or Bad?

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

The globalization is important is because it helps a community in gaining international recognition. Globalization gets people all over the world all sorts of materials like food and cloth because companies and people and governments interact with different nations. Globalization could be positive and negative to many people around the world. Some positive things globalization does is boost the ongoing competition between countries all over the world. Globalization helps out the United States with material and cloth by example when people in the United States look at their shirts they will most likely see "Made In China".

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

Globalization may be defined as the integration of the world 's people, firms and government. In the modern context, globalization is usually the result of closer ties in international trade, known as bilateral trade agreements. The WTO and NAFTA are two examples of such bilateral trade agreements. With such agreements, cross-country investment increases. This increase in investment is aided by the increase in information technology and communications, which has undergone a significant advancement over the last two decades with the rise of the Internet and mobile telephony (Green, 2013). It is important to the business to expand; global expansion and globalization would a positive business decision to complete in this process due to the strategic goals and objectives the company possesses. Healthy growth can be accomplished by globalization of specific areas selected and determined through research of market and development of these areas outlined within.

Large businesses dominate our local and global food systems controlling most of production, processing, distribution, marketing and retailing of food. This gives big businesses the power to eliminate competition and dictate their own terms to their suppliers forcing farmers and consumers into poverty and malnutrition. As a result, movements such as food security, global food supply initiatives and Food Sovereignty have been created to combat the damage big corporations have caused on farmers and communities. The food security movement and the global food supply initiatives both strive for safe and adequate amount of food to be available to communities to reduce poverty and malnutrition on a global scale. However, both differ in that food security pushes for the right for all people to have physical, social and economic access to safe, adequate and nutritious food for an active and healthy life (ACIAR, "Food Security and why it matters", 2012) whereas, the global food supply initiative leans more towards improvements in food safety management systems to have all consumers access to safe food. (Buhot) On that note, a third relatively new movement has been created called food sovereignty which presents a broader concept and solutions on solving problems of hunger and malnutrition. Food sovereignty focuses on the right of peoples, communities and countries to define their own agricultural, labour, fishing, food and land polices which are ecologically, socially, economically and

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.

The dominance of the market-economy worldwide, along with the subsequent rise of the Green Revolution, eventually led to the mass-shipment and globalization of food. In today’s interconnected society, the third- world produces for consumers within western Europe and the United States.(Guptill, Food Access) This market-driven desire to indulge in out-of-season crops fuels demand towards an industrial agricultural system that focuses on cash-crop monoculture (Guptill et al.,Global Food, 125-130).

Food security is a worldwide concern because of the increases in the price of food, food shortage and other various reasons similar to these. These issues are addressed not only by governments but also by many non-governmental organizations. Clearly the issue of food security is a human right that is of the most importance.

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

Globalization builds good relationship between countries as they exchange products. Trade agreements like NAFTA, WTO, EU and ASEAN etc. are done to make the tie stronger and for the ease of trading with each other. It helps to avoid conflicts among countries, promotes understanding and goodwill.

Globalization offers industries many ways to increase their profits. Since businesses and corporations have access to a wider range of potential clients, they have a chance to increase profits. Global competition also

There are many ways to look at and understand modern globalization. In general terms, globalization means that the world, as a whole, is leading to a more utopian society, meaning that the globe is become very interconnected and similarities are growing between different regions and cultures of the world. Globalization is a phenomenon that has been evolving since before 10,000 B.C. This constant evolution can cause many problems, but it can also solve many issues positively as well. Development of any country, however, seems to be a key issue when discussing globalization. Globalization and development present two different factors in the world today. Many countries are lacking in their own development while the world around them is becoming more developed and globalized. Globalization hinders development because with globalization, less developed countries depend on more developed countries to help them to sustainability and self-reliance.

Globalization became a worldwide phenomenon with the growth of market economy and information technology. With globalization, the operators of companies and enterprises could use resources, management, expertise, information and labour of the entire world to manufacture the goods in the most appropriate areas, and then sell the produce to the areas which require them, to accomplish the most favourable distribution of resources in the world. This caused enterprises and countries to break out the boundaries of the local resources and markets, starting a competition with others in a broader sense to accomplish development. Globalization brings states and regions together by reducing the distances between each other and increasing the degree

Globalization is the process of increased interconnectedness among the countries most in the most known popular areas of economics, politics, social, and culture. All of these areas are key aspects of each country and what makes them individualized. Globalization allows for countries to be able to be individuals without the conflict of their differences because of the power used to work as a whole globe. Globalization is a positive thing for the entire world, it allows for lots of development in our world by the connection there is between all of the countries interdependence on each other. The different points of globalization claim that it will lead to convergence of income, access to knowledge and technology, consumption power, living standards, and political ideas.

The term globalization had started gaining prominence towards the end of twentieth century. Over the period of time, it has become one of the most discussed phenomenon. It is not about the process of international integration of nations and their economic activities, but as a matter fact, it is way more complex involving other factors like environmental challenges, politics and other socio-cultural aspects.