Globalization
Essay by review • February 20, 2011 • Research Paper • 692 Words (3 Pages) • 1,019 Views
Yes to Globalization
Globalization is the international integration where people of the world are united into a single society. The issue of globalization is a slippery slope, with valid pros and cons to how globalization affects a nation. However in my opinion, I believe the pros outweigh the cons of globalization.
The first argument I would like to make would be that when a country begins to globalize, its productivity rapidly increases and starts to produce a more efficient amount of goods and services. A country that begins the process of globalization can almost immediately see the results. An increase in jobs a wages will be the fist change that the people will notice. A cause for the job and wage increases would be thanks in part to the way the country manages its resources. A better management of their resources means that the country can have more exports and more goods produced.
Another point I would like to make is how the standard of living would dramatically increase. Globalization can take hundreds years to fully complete its timely process, however nations usually reap the benefits of globalization much sooner. Between 1950 and 1999, countries where globalization was taking place, literacy rates increased from 52% to 81%. Also the life expectancy in these developing countries nearly doubled. Take for example a country like Belize. Nearly 60 years ago the average life expectancy was only about 41. Compared to today where the average life expectancy is around 72.
Probably the most significant results seen thus far from globalization would be the rapid advancement of technology in China. Within the last century, China’s population has increased ten fold, and the working and living conditions haven’t slummed any because of it. If you were to visit China back in the early 20th century, you would see a vast majority of uninhabited land, and many properties with poor producing rice crops. China’s economy would also be very weak. They had little exports, and what they did export was usually known to be “cheap.” Their government was also a disaster. Their country was ruled by Aisin-Gioro Puyi, a communist military dictator that was ruled in by his royalty status. However if you were to visit China today, you would notice a remarkable difference. There would be sky scrapers in most of the large cities. Their workers would
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