Net Effect of Globalization

There are many pros and cons to globalization. For pros, the spread of culture has somewhat benefited various countries and brings in new ideas so the whole world can move forward together, instead of countries moving forward part by part. It helps create a lot of new jobs in countries where finding a good job is often hard. ALso, it helps take technology through the world and help improve various aspect of everyday life. Globalization also helps the consumer get good quality products for a cheaper price. Also, companies have sent many jobs to other countries around the world so that people could could kind of rise out of the poverty cycle. Sometimes though, out sourcing jobs is seen as being bad, which brings me to the cons.

Though globalization helps people get out of poverty in certain occasions, it also takes away jobs from many people, such as people in the US getting laid off so that people in India can take the jobs for less pay, as we saw in the thirty days video. This is a big problem in the US. Also, because of globalization, asian countries are becoming more western and are slowly losing their culture.

Overall, I believe that globalization had a good net effect, as the pros outnumber the cons.