Preview

Hi Pin An Analysis Of Globalization In China

Satisfactory Essays
Open Document
Open Document
120 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Hi Pin An Analysis Of Globalization In China
Hi Pina,

I think Globalization is brilliant something powerful that everyone benefits and continues to grow. Are there losers or winners in globalization? Indeed, there are losers and winners in existence and continues to advance globally. For example, if we all take a glance inside our closets and wardrobe our garments tags name their location of manufacturing and even the year it was manufactured. We all sometimes do not acknowledge or realize how even our clothes, cars, and food, are contrived globally. Several products are labeled made in China, India, Germany, and Indonesia. Furthermore, China ranks as the 1st largest country for manufacturing and production. Therefore, no matter which way we analyze globalization it will continue to

You May Also Find These Documents Helpful

  • Good Essays

    For some people, globalization is so feared it is synonymous with world destruction. In the end, for all we know, maybe this will be proven before it is over. In reality however, there are many good things that have resulted from globalization(1, Premise). Let’s for a moment focus on the economy, even though there are many other advantages that have been brought forward that will also be discussed. Many Americans do not appreciate how efficient our markets are, in this case efficiency in reference to supply and demand is number one. These efficient markets allow economies to grow. As many have learned in a global world, when one economy grows, it spurs growth in all the other economies that are connected to it. In this way, reverberations of success are felt across the world, even when they are most profound in one area. Needless to say, this is a very good thing. This is partially a result of what I just mentioned, but wealth equality around the world goes much deeper than that. Perhaps a better phrase than wealth equality is “standard of living.” Globalization does several things that are undeniable at the end of the day. First and foremost for one it creates jobs, which is a priority to the economic success of any market(2, Premise). Along with job creation it improves infrastructure while it also allows more people to live at a higher global level every day. Mainly regular access to medicine, clean water, food production, housing, etc., things we take for granted here in the United States. Many if not most third world countries do not share these same day to day things we categorize as necessities. Things they would refer to as luxuries. Globalization results in partnerships between countries and organizations, which in turn could help bring these countries along in many of these areas. This also makes relations much more stable between both. Agreements are much more frequently found by partners of vast…

    • 801 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation over the past hundred years has undoubtedly made the world more interconnected including closer societies, politics, economies, cultures and the environment. Globalisation has increased the production of goods and services. There are those who argue that globalisation creates "winners" and "losers," as some countries prosper, mainly European countries and America, whilst other countries fail to do well. For example, USA and Europe fund their own agricultural industries heavily so less economically developed countries get 'priced out' of certain markets, even though they should theoretically have an economic advantage, as their wages are lower.…

    • 859 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Most of the arguments against globalisation strike at one point: it benefits corporations and not people. However, it is not that way. It is possible for globalization to benefit both corporations and people. There are many points in favour of globalization i.e. it lowers prices. Food is cheaper, clothes are cheaper, cars are cheaper, and phone service is cheaper. Globalization lowers prices and raises income. Most importantly, free trade stops wars. One world, one peace, else can be fixed (Roberts & Hite, 2000). Globalization is good just not for the rich countries but especially for the poor countries. “The booming economies of India and China--the Elephant and the Dragon--have lifted 200 million people out of abject poverty in the 1990s as globalization took off, the International Monetary Fund says. Tens of millions more have catapulted themselves far ahead into the middle class.” (Meredith & Hoppough, 2007).…

    • 3639 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    There can be many different opinions on this topic, like how not all people can sustain prosperity. Globalization can help a large group of people or hurt a large group of people, people that can afford the product that is shipped over is more likely to maintain sustainable prosperity, same as for the people that are selling. Then there is the people who can not afford to buy these products and those who do not have enough resources to sell to others. Not all people have the benefits of these so that is why the extent globalization contributes to sustainable prosperity for all people is a false accusation, people should understand that the greater group is not being affected and still can not sustain prosperity.…

    • 594 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    There are limitless opinions of globalization, every person seems to have a unique view of it. Some hold with the idea that it is a positive force, that it is what will lead to a thriving global community where we all prosper. Others say that it is something to avoid, that globalization is leading us to a world where the wealthy countries overpower all other cultures. There are also those who fall in between, who may agree with some aspects of globalization and disagree with some other aspect. Also, there are some people who do not have an opinion on it because they simply do not know about it or do not care enough to form one.…

    • 1430 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    2) A British bank makes a loan to a South American nation.
A United States corporation purchases large amounts of land in Guatemala.
A Japanese investment firm becomes the major shareholder in a Bolivian silver mine.…

    • 327 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Globalization is not a perfected idea. In fact it has brought many problems and is not available to everyone. Thanks to globalization many jobs have been outsourced, the prosperity it brings isn't always affordable and the fact governments rise and fall show that it's not sustainable. Overall globalizations prosperity is not sustainable and not available to all.…

    • 368 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    With every business or establishment there are advantages and disadvantages about globalization but with the mast majority major companies outsourcing and profiting from it, one cold only see the advantages in it. Globalization in many ways is great for companies; however that does not mean that is is a great fit for the economy. Outsourcing jobs overseas takes away from the quality of service of the product, takes away American jobs, and most importantly takes away money from the economy.…

    • 677 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    If you look at globalization and no matter what opinion you have on it, it has brought the world to how it is known today. In some countries the benefits have been dramatically diverse, it lead to wealth, increased health and higher security. It increased the standard of living in more developed countries. In some however inferior benefits were provided by globalization, this was generally the case in less developed countries. For less advanced countries it does not always have to be inefficient, it can also provide opportunities to increase the countries economic, political and cultural development. Economics has been the driving force for globalization, such as trade agreements between countries or the introduction of free trade and the lowering of transportation and communication costs. Whether a country is for or against globalization one of its main interests is going to be economic growth and development in order to be able to provide a higher standard of living to its population. Without the movement to a more efficient economy a high standard of living cannot be provided. Main economies such as the ones of the United States of America or East Asia and…

    • 1907 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    Globalization

    • 526 Words
    • 3 Pages

    Globalization is a phenomenon in which corporate expansion around the world and economic growth comes together. This seems like a good thing. Globalization can be viewed as an improvement for society for many reasons driven by free-market capitalism. This super powered phenomenon can also be seen as a threat because it is an ideology or concept that is trying to advance the corporate agenda; in retrospect globalization is the contemporary form of capitalism. If globalization were to benefit or be advantageous to all people then it would be a great thing. It just needs to be geared in the right direction and there is no proof that it will or how long it will take.…

    • 526 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Globalization Myths

    • 497 Words
    • 2 Pages

    Globalization has many pros and cons. In a society where fear over rules and gets in the way of moving forward, it is hard to be able to forecast the future and tomorrows actions. What one must do is relate to history and proceed with small steps. With a factor such as globalization where interconnecting on a national and global level, many nations and countries fear that by interconnecting it will increase the scale of inequality (Dickens, 2011 p. 6). This might be true to say due to the underdeveloped countries and there has to be countries with less power otherwise the would would not function properly if we were on the same level. Some countries need to be more invested to better help the lesser countries. When one fails, the other will be there to help.…

    • 497 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Life and Debt Response

    • 1471 Words
    • 6 Pages

    Globalization has been a controversial topic for decades followed by the industrialization. The debate of whether it is positive or negative for the human race has caused much divergence, consequently leading to vast conflicts between different cultures, nations, and peoples. Although globalization brought convenience to the lives of a few on a daily basis in the industrialized countries, it also brought about world power monopolies controlling the trade system, exploitation of workers in developing countries, and victimizing the societies that are unable to self sustain.…

    • 1471 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Globalization does have positive effects that are felt throughout the world. If we look at the latter part of the 20th century alone, the evidence that globalization reduces poverty is overwhelming. Looking at a variety of measurements – poverty, life expectancy, health, education – more people have become better off at a faster pace in the past sixty years than ever before. And according to the World Bank, trade enabled the developing countries to grow at a rate of 4.3 percent per year during the 1990s, twice the rate of the developed…

    • 1917 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Globalization has become one of the major controversies in the world. Globalization is the process of the world interchanging views, products, ideals, and culture. For many people they view globalization with a negative impact, but for the rest of us we see the globalization as more good then bad. Not only has it brought the governments of different nations together but it but has also brought people closer to each other, and has open minds to new ideals. Trade is one of the things globalization has impacted.…

    • 840 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Globalization is a good thing. However, its implications on economies are not entirely rosy. There are people who have been negatively affected by globalization. Globalization has resulted to more jobs, and generated more wealth something that cannot be said of everyone. People in developed nations have been hurt by it. Americans are one such lot. Factories have closed and moved to locations such as China, Vietnam and Mexico. The factories that have remained have lowered their wages to remain competitive. Globalization has had more negative effects on the American economy compared to gains.…

    • 667 Words
    • 3 Pages
    Good Essays