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Geography, 09.11.2020 18:20 boos70

THIS IS URGENT DO NOT USE ME FOR POINTS Please read the following passage from Lesson 32 about Globalization:

The Case for Globalization Globalization has benefits for both rich and poor countries. When companies in wealthy countries set up factories in poor countries, they create new jobs. The workers who fill these jobs often improve their standard of living, and the money they earn helps bring economic growth to their countries.

Companies that move production offshore do so to keep their costs low. Lower production costs help them keep their prices low as well. Low prices benefit consumers in both rich and poor countries. Many working people today can buy products that were once considered luxuries only the rich could afford.

Globalization has other benefits. Countries that trade with one another want to maintain good relations. As a result, conflict among nations may be diminished. In this way, economic interdependence may contribute to creating a more peaceful world.

A global society also brings the world's people together in ways that were never before possible. It gives us a glimpse into how people live and work in other lands. Furthermore, it allows us to share and exchange ideas, technology, music, and art across vast distances. As we learn more about one another, we can grow to understand and respect other ways of life.

The Case Against Globalization Increased global trade can bring harm as well as good. Some developing countries lack laws to protect the environment. Factories that are set up in such countries often dump toxic waste into rivers and streams and release deadly fumes into the air. Such polluting practices would be illegal in developed countries.

Many poor countries also lack worker protection laws. Without such laws, factories can require workers to work long hours for low wages. For example, a sneaker factory worker in a developing country in Asia might earn just $2 for a 12-hour workday. A factory might even hire children, who are paid even less. Factories that abuse workers are called sweatshops. Working conditions in sweatshops are often unsafe or unhealthy.

Globalization can be harmful to workers in developed countries as well. When companies send work offshore, they often close factories at home. Many Americans have lost their jobs because of factory closings. Towns and cities may also suffer when unemployed residents move to other places to find work.

Finally, globalization can upset traditional ways of life. It also can cause nations to become dangerously interdependent. National identity may be weakened when a country is flooded by foreign foods, movies, television shows, fashion, and music. Traditional arts and languages may be lost. A country that depends on another for a crucial trade good, such as oil, may become less self-sufficient. It may also become involved in wars in order to maintain the supply of what it wants.

The Future of Globalization People often disagree about the impact of globalization. Some observers think that its benefits outweigh its drawbacks. Other people believe that it is doing more harm than good. In any case, one thing seems certain: globalization is here to stay. And it is likely to increase.

One reason for the increase in globalization is that many developing countries see it as a path out of poverty. These poor countries have observed how countries like South Korea and Singapore have prospered from global trade. Both countries welcomed foreign companies, and both saw their economies grow rapidly as a result. Now other countries want to follow their example.

Now that you have read, please write one position paragraph detailing your opinion on globalization. Is it good or bad? Why? Use examples from the reading.

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