Monday, April 9, 2012

Globalization

One of the many advantages of globalization is the growth of communication. Due to advancements of technology it has become increasingly easier for people around the world to contact each other.  This means more trading opportunities which lead to economic growth among countries. Due to globalization, the word has definitely become more connected. 

   Despite this globalization has some negative effects.  Some companies desire cheap, fast labor and as a result outsourcing occurs. For some Americans, this means losing their jobs to another person overseas. Capitalism continues to grow along with the mass production of products. 

3 comments:

  1. That was a great inclusion of capitalism in the last sentence. But I definitely do agree that quite a few American's are upset about outsourcing.

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  2. Yeah. I agree that communication is important.

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  3. Good blog! I honestly think complaints on outsourcing is... Dumb. Even though we lose jobs, I rather pay $8 for a shirt than $80 due to high demands by workers. Srsly.

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