Globalization Assignment | College Homework Help

Globalization brings about increased trade and lower prices and intensifies competition within the domestic product, labor markets, and capital. Since the birth of this era, globalization has had great influence across the world. It has guided many countries to adopt different trade and investment strategies.

Don't use plagiarized sources. Get Your Assignment on
Globalization Assignment | College Homework Help
Just from $13/Page
Order Now

College Homework Help

In the perspective of an economist, globalization has been nothing but a force for good to make for a healthy economy and a bright future for a nation. It also provides underdeveloped countries, with the help of foreign capital and technology, the opportunity to develop economically and by spreading prosperity. This would then create quality conditions in which democracy and respect for human rights to thrive. Globalization represents free trade, which encourages global economic growth, creates jobs, makes companies more competitive, and lowers prices for consumers

. This is a never-ending cycle, in which the consumers buy the cheapest quality product supplied by the manufacturer, and then the producer just keeps on creating its products without any regard of the surrounding consequences. Businesses and economists seem to have a one-track mind in furthering their agenda to make the most money possible to help their current situation. Sooner or later the resources of these many manufacturing companies will deplete until there nothing left. Negative influences that follow globalization would be the exploitation of resources, slave labor, creating a large divide between the elite and the working class, and large corporations getting away with committing fraud.

This basic concept of Supply and Demand is what pushes the economy forward. For instance, a company, Nike, understands that consumers demand a new product. This company wants to make sure that consumers don’t go running to their competitors, so Nike expands their manufacturing sites in underdeveloped countries to make their new products quicker and cheaper so consumers keep spending their money at Nike. Then these money-hungry manufacturers go and abuse their resources in order to keep making money.

For example, forcing these sweatshop laborers to work faster or face unemployment, and dumping chemicals into the environment in order to speed up the process of manufacturing. The film Dr. Seuss’s The Lorax is the epitome of these current situations. More money means more power, and with these many corporations wanting to monopolize the markets are striving for the most power and influence of their competitors. With people buying more and bigger brand products and disregarding struggling businesses, the big brand companies essentially put them out of business, gaining more control over the consumer.

College Homework Help

Student 2:

There are both positive and negative aspects of a globalized economic system. A globalized economic system will allow for goods to easily travel from one part of the world to another. If everyone used the same form of currency there would be less confusion because everyone would know what one dollar was worth. Globalization would lead to increased competition, which can drive prices down for consumers. On the other side, a negative about globalization is that it can lead to an increased fluctuation in prices.

A globalized economic system could solve some problems that many countries have such as unemployment and poverty. Poor countries can benefit because they will have the ability to receive more capital and technology. Others argue that globalization only benefits those who are already wealthy such as business owners and investors. Those at the bottom of the economy’s food chain would only benefit if they didn’t already have a job and a globalized economic system created new jobs that they could take. In this system, the power would be had by the decision-makers and those at the top. In this regard, things would not change much from the systems that we already have in place.

Student 3:

One of the positive connections between globalization and the environment is that in today’s day, we can communicate with anyone, anywhere in the world thanks to the technological advances that we have made. Also, globalization has made it is easy to buy items from any place, such as those that are made in Korea, and have it sent directly to our doorsteps. Although these outcomes of globalization have been positive, they do not come without any negative effects on the environment. One of those negative connections is that pollution increases as the need for more transportation (of those items that we buy from foreign countries) increase.

On page 367 of the class textbook, we read that globalization has generated “greater income for poorer countries exporting basic goods to developed-country markets”. On one side, this is a great thing for underdeveloped countries, but on the other hand, there are consequences because it is “disrupting local ecologies” (367). Globalization is contributing to the increasing temperatures and climate changes that we are experiencing; there is a picture of the total CO2 emissions from fossil-fuel burning on page 368 and a pattern that I got from it is that the countries that are most industrialized (United States) and where most goods are made in (China) have the highest emissions.

These emissions trap heat in the atmosphere, therefore increasing the warming of our planet which then results in the melting of the polar ice caps.

From reading this chapter, it has become obvious to me that states are more likely to cooperate when it comes to taking charge and trying to reduce the ecological footprints that we are living on our planet. This is more likely to occur as opposed to cooperating together when it comes to human rights issues. I believe this is, mainly, due to the global commons that every state shares (for example the ocean, space, and Antarctica).

There is no “sovereign jurisdiction” of these areas and resources, therefore making policies and coming to agreements is easier since states are not violating the sovereignty of other states. Furthermore, states have a higher incentive to work with each other because the impacts on our planet are felt by every state. Lastly, it is also easier for states to cooperate together because of the trading system; they can control taxes and impose trade restrictions to force states to reduce their emissions and control pollution like in the case of the protocols of the 1979 Convention on Long-Range Transboundary Air Pollution.

Calculate your paper price
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

At Myhomeworkwriters.com, we always aim at 100% customer satisfaction. As such, we never compromise o the quality of our homework services. Our homework helpers ensure that they craft each paper carefully to match the requirements of the instruction form.

Professional Academic Writers

With Myhomeworkwriters.com, every student is guaranteed high-quality, professionally written papers. We ensure that we hire individuals with high academic qualifications who can maintain our quality policy. These writers undergo further training to sharpen their writing skills, making them more competent in writing academic papers.

Affordable Prices

Our company maintains a fair pricing system for all academic writing services to ensure affordability. Our pricing system generates quotations based on the properties of individual papers.

On-Time delivery

My Homework Writers guarantees all students of swift delivery of papers. We understand that time is an essential factor in the academic world. Therefore, we ensure that we deliver the paper on or before the agreed date to give students ample time for reviewing.

100% Originality

Myhomeworkwriters.com maintains a zero-plagiarism policy in all papers. As such, My Homework Writers professional academic writers ensure that they use the students’ instructions to deliver plagiarism-free papers. We are very keen on avoiding any chance of similarities with previous papers.

Customer Support 24/7

Our customer support works around the clock to provide students with assistance or guidance at any time of the day. Students can always communicate with us through our live chat system or our email and receive instant responses. Feel free to contact us via the Chat window or support email: support@myhomeworkwriters.com.

Try it now!

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Homework Writing Services

My Homework Writers holds a reputation for being a platform that provides high-quality homework writing services. All you need to do is provide us with all the necessary requirements of the paper and wait for quality results.

Essays

Essay Writing Services

At My Homework Writers, we have highly qualified academic gurus who will offer great assistance towards completing your essays. Our homework writing service providers are well-versed with all the aspects of developing high-quality and relevant essays.

Admissions

Admission and Business Papers

With Myhomeworkwriters.com, we will help you secure a position at your desired institution. Our essay writing services include the crafting of admissions papers. We will still help you climb your career ladder by helping you write the official papers that will help you secure a job. We will guide you on how to write an outstanding portfolio or resume.

Editing

Editing and Proofreading

Myhomeworkwriters.com has a professional editorial team that will help you organize your paper, paraphrase it, and eliminate any possible mistakes. Also, we will help you check on plagiarism to ensure that your final paper posses quality and originality.

Coursework

Technical papers

My Homework Writers harbors professional academic writers from diverse academic disciplines. As such, we can develop homework writing services in all academic areas. The simplicity or complexity of the paper does not affect the quality of homework writing services.