Globalization is the process of increasing integration between parts of the world, such as nations or corporations. What's your opinion on globalization, and why?
2007-03-04 04:53:49 · 9 answers · asked by Anonymous in Social Science ➔ Economics
Globalisation is good for others bad for us, I think were at the begining therefore it will hurt alot of us, alot of culture will die out, like thats not happening already, but if it works, in about 3 generations I think it will help, but for now were screwed with or with-out!
2007-03-04 04:59:06 · answer #1 · answered by Yazz 2 · 0⤊ 0⤋
I'm for globalization or free trade in other words. US consumers are able to purchase products at the lowest possible price as nations around the world are competing for the US dollar. This keeps inflation low. The downside is lost jobs in those industries who are unable to compete with imports. Fortunately most of our displaced workers have been able to find other jobs. Sadly those jobs too often pay less than the worker was making.
If we throw up trade barriers(tariffs) on imports other nations will retaliate against our exports. This will result in lost US jobs and higher prices for most goods and services.
The genie is out of the bottle on globalization. There's no turning back. Any politician who says otherwise is using fear tactics to get votes.
2007-03-04 05:22:56 · answer #2 · answered by Anonymous · 0⤊ 0⤋
German Kaiser visits Austria and he is shot. Germany attacks Austria and Ist world war starts and this bankrupts Germany for the next 27 years. One dollar is worth a million German marks. Economy of Germany is in shambles. Hitler takes over to correct the denial of life to Germans. Decides to rob the neighbors to reinstate the German status quo. IInd world war starts as a consequence of a nation denied for long.
Moral of the story. Nations denied of life can be catalysts for world turning into a volcano. So globalizations provides for denied nations an opportunity. Benifits are benificial than costs of Global economy provides so Globalization.
2007-03-04 06:43:49 · answer #3 · answered by Mathew C 5 · 0⤊ 0⤋
The future is always uncertain. There's reason to think & hope it will be good for most of the world in the long run --and of course it's good for a lot of people right now-- but it is also true, without any doubt, that it is causing harm in some places, as any great change does.
2007-03-04 05:03:33 · answer #4 · answered by yahoohoo 6 · 0⤊ 0⤋
Its efficient, loose commerce will boost the wealth of all international locations in contact even even as prosperous international locations commerce with poorer international locations. human beings say that it lowers wages besides the undeniable fact that it truly doesnt, The more good value products make up for the decrease wages.
2016-12-05 05:45:51 · answer #5 · answered by schebel 4 · 0⤊ 0⤋
Globalization causes people in Michigan to lose their jobs, therefore I am against it.
2007-03-04 04:56:17 · answer #6 · answered by atvman_400 5 · 0⤊ 0⤋
This is a good question, but I don't feel like writing ten pages right now. It's both, which outwieghs has yet to be determined.
2007-03-04 04:59:11 · answer #7 · answered by Isaac 4 · 0⤊ 0⤋
Forces are neither positive nor negative, your perception though is likely biased by how the force affects you.
2007-03-04 04:57:05 · answer #8 · answered by Anonymous · 0⤊ 0⤋
i dunno, whats your vibration?
2007-03-04 04:56:21 · answer #9 · answered by xapao 5 · 0⤊ 1⤋