On the plus side of globalization, money is transferred quickly, news travels faster, and people are educated at the touch of a button with the advancements of the internet. At the same time, the text defines globalization as the interconnected web of contacts that extends across the globe giving ease to businesses in which they can communicate and transport goods (Schultz 2014). As for the negative side, I believe globalization has some effects on American businesses and on the environment that need some serious changes. From the 1990's until the present, our neighborhood has watched as nearly all of the small mom and pop operations have disappeared as larger, national companies have swooped in and taken over. While the larger companies may
