Globalization

Globalization has many benefits. Many say that more jobs are created. There is more competition between companies. Companies and consumers can get products from other countries. (Collins, 2010) According to an article it says, “Export jobs often pay more than other jobs.” Standards of living have also increased. (“The pros and,” 2000)

There are many problems with globalization too. In an article it says, “The general complaint about globalization is that it has made the rich richer while making the non-rich poorer. It is wonderful for managers and investors, but hell on workers and nature.” (Collins, 2010) Some say that other countries are being taken over by America. Many Americans have lost jobs and when they get a new job it usually pays less. (“The pros and,” 2000)

Collins, M. (2010, June 28). The pros and cons of globalization. MANUFACTURING.NET, Retrieved from http://www.manufacturing.net/articles/2010/06/the-pros-and-cons-of-globalization

The pros and cons of globalization. (2000, April 24). Business Week, Retrieved from http://www.businessweek.com/2000/00_17/b3678003.htm

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