Topic 8: Debate on Globalization

 Globalization is inevitable as the world is growing in economy and creating millions of job opportunities. Globalization is defined as people interact with people in other parts of the world as buyers or sellers. Some people lose and some people gain, as we will start comparing the cost and benefits of globalization. Globalization has spawned millions of job opportunities in developing countries and has successfully helped pull the economy of developing countries by alot as the trading grows rapidly. People start getting jobs, standards of living begins to grow, and people start to be more educated, more globalized and so on. However, the costs of globalization is also very great, such as the cultural aspect of the country may be diminished as people begin to grow internationally and begin to adapt to foreign cultures. Also many people in the Asian countries begins to suspect foreign companies as the potential political manipulators of the country, as well as the government may not have as much power over monitoring the foreign companies. People both gain and lose from globalization, however people int he developed world argue that it is good for the majority of the people. In China and India, as these two countries are growing and undergoing globalization, the amount of cheap labor is required from these countries as they have a mass amount of population and can help sustain the large demand of labor from the foreign companies. In recent years, the standard of living became doubled in the developing countries, and is going to do so for the next few years, people are getting better jobs, higher wages and more social benefits from the country as the population grows and thrives. For Taiwan, I have been impacted greatly due to globalization, as I go to an American school, buy American chocolate and snacks, eat American food and much more. My clothes are made in China or Vietnam, while the knife my mom uses could be made in Japan. My dad's golf clubs are made in Germany as the box of chocolate on my desk was made in Switzerland. This is how much globalization has impacted us and I believe that globalization has done a great job, helping people with more choices and with more choices, can come more companies which derives to more job opportunities