The Negative Impact Of Globalization : The American Consumer And Globalization

I believe globalization has brought forward positive aspects as well as negative aspects equally. However, the positive effects for one country can also result in a negative for another. Here are a few examples of how I see this happen, through globalization many economic opportunities are provided, this increases the standard of living for many; however these benefits are not worldwide and we continue to see that the wealthy are getting wealthier at the expense of others. Globalization benefits consumers by providing the best price possible through outsourcing goods around the world; this, however, takes business away from local companies and leaves many people without a job. Globalization provides knowledge of what is happening around the world through the advancements in technology and through the media making aid available in times of need and acknowledgment of the issues happening worldwide. The advancement in globalization has provided worldwide travel

For some people, globalization is so feared it is synonymous with world destruction. In the end, for all we know, maybe this will be proven before it is over. In reality however, there are many good things that have resulted from globalization(1, Premise). Let’s for a moment focus on the economy, even though there are many other advantages that have been brought forward that will also be discussed. Many Americans do not appreciate how efficient our markets are, in this case efficiency in reference to supply and demand is number one. These efficient markets allow economies to grow. As many have learned in a global world, when one economy grows, it spurs growth in all the other economies

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".

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 world we live in today is going through enormous changes in economics, technology, culture, politics, etc. The effects of the changes are not so clear, since it is hard to predict how each sector would affect the other and how society will be affected. However, analyzing past and present occurrences provides some information for experts to interpret society’s reaction in the future to different transformations. Globalization can be seen as a process in which societies around the world come together and expand through the combination of different forces. This paper will explore the effects of globalization on US companies, US society and economy, and the implications for other countries in the post-industrial world.

The risk that comes with globalization connects between countries, culture and businesses. In today’s society, managers have more to deal with as the idea of outsourcing and cultural differences have made things a bit complex for the parties involved. Some companies might feel going to different countries for business could become a liability. For instance, if a U.S. company goes to Japan, events like the Japanese 9.0 magnitude earthquake that killed 20,000 people could cost them. This limitation of globalization effects everyone involved. Supply chains around the world were disrupted from the manufacturing plants being shutdown. In addition to natural disasters, there are also political, economical and financial risk to consider. However, a positive aspect of globalization is that is creates jobs for the economy. For those who couldn’t work due to the lack of jobs already in their country, they can now earn money to feed their families and establish a working class.

Globalization impacts every area of American life: from the products we buy to the way we do things. One of the ways globalization affects individual communities is by making those communities more diverse. Globalization makes the migration of people, as well as products and stores, more possible. There are some negative aspects of globalization. For example, globalization makes it more likely that we will see less variety of stores. The proliferation of the same stores in every neighborhood, even throughout the world, makes for a more homogenized society. I see a Starbucks everywhere, as well as McDonalds. One impact of globalization that has both pros and cons is that English has become the predominant language. English enables people from different countries to communicate, but it also means that people in the English speaking countries have an advantage.

The Economy is also affected by Globalization both negitively and positivley with globalization in the economy companies can produce goods in the country that will produce it for the lowest fee, the downside is it can create a loss of jobs and ship them elsewhere. Another big one that Globalization affects is Politics, some use globalization to mean “the creation of a world government which regulates the relationships among governments and guarantees the rights arising from social and economic globalization”. The united states has been the lead political power in politcal globalization. Globalization can affect the world in many Different ways both negitively and positively. Terroism also affects the world today in a major way, there are many types of terroism such as state terroism, political terroism, non-polital terrroism, civil disorder,Religious terrorism ect. The most well known terrosit attack is “9/11” in which 4 terroist in 2001 ran two commercial airplanes into the Twin Towers killing hundreds even thousands of people instantly and years down the road. “9/11” is a great example of terorism that affects the world economically, politically and

Globalization is taking its toll on the American work force. “In the 1980’s, globalization hurt blue-collar America,” (Steven Greenhouse, 2008) this was due to the vast amount of imported steel, autos, machinery, and electronics. It is now the twenty-first century. Globalization is not only affecting blue-collar workers, but has extended its reach to white-collar workers. Jobs are being lost in America as corporations move production, and/or outsource jobs to low-wage producing countries. It is estimated over 7.9 million jobs have been lost this year, and some of these jobs will never return. This is corporation’s philosophy on how to cut cost, which in-turn translates into a larger profit margin. Because of these extensive job losses, the

There is no question that the Industrial Revolution had an enormous impact on American society between 1870 and 1940, but the question is what kind of an impact did it have during this period. The overall effect of the Industrial Revolution turned out to be a positive push towards modernization in America. As Stephen Gardiner, a British architect and writer during the 20th century, said, “The Industrial Revolution was another one of those extraordinary jumps forward in the story of civilization.” While Gardiner hit the nail on the head with his quote, the part of the story that most people tend to forget is just how quickly we Americans, made that extraordinary jump forward. There were Americans, who, at one point in their life were

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

Consumerism is a phenomenon that has been dominant in all societies for an extremely long time. It causes people to excessively purchase goods and consume things excessive to their actual needs. “A consumer is a person or thing that consumes” (Dictionary.com). Consumerism can be defined as a belief that an expanding consumption of goods is an advantage to the county’s economy. Today people are practically brainwashed to buy more than what they need in order to keep the economy afloat. No one thinks twice about why they are buying things or maybe even what they need. Consumerism has a big impact on our country, good or bad.

Globalization is something that has been occurring since early in the history of entrepreneurs, and something that will not be going away anytime soon. Businesses can enjoy many benefits from globalization that include an increased audience to market their products to, and quicker sharing of innovative ideas. The advantages of globalization are just as much a disadvantage. The increase in competition between domestic and foreign business has lead to a decrease in employment and an increase in outsourcing. Businesses need

“Globalization is not just one impact of the new technologies that are reshaping the economies of the third millennium” (Thurow 19-31). When speaking of globalization, most people will not have a complete understanding as of what it actually means or what aspects of the world it affects. Globalization promotes free trade and creates jobs. The capital markets attract investors, resort cheap labor, and leads to job losses in some areas of higher wage. While all of this is happening, the world economy is being effected: economically, culturally, socially, and politically.

Across the world, globalization is one of the most significant aspects that has occurred over the last fifty years. It allows a country to integrate economically with other countries through a global network comprised of people, trade, and transportation. With the global landscape only becoming more intertwined, globalization and its inherent pros and cons seem to be here to stay. In many areas, global powers tend to lack in rectifying the negative aspects and only focus on the positive side. America, for example, is a leader in the globalization efforts, even though it has greatly effected job opportunities at home, widening income gaps, and an increased standard of living due to fluctuating world markets.