The Positive Effects Of Globalization In The Third World

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In the new era of modernization, globalization has been a topic that is widely discussed for a long time because people cannot decide if it is right or wrong. In definition, Globalization would be businesses moving beyond domestic and national markets to other markets around the world, allowing them to connect with different markets. (Smith) I believe that Globalization’s positive effects outweighs the negative effects that comes along with it. It has widely helped many countries, especially third world countries. I understand why people view globalization in a negative manner, but the world is not perfect, you cannot have something that is completely good. From my point of view, which might be biased because I come from a third world country, …show more content…
Global companies’ main goal is to make as much profit from their product as possible, and they will do anything to make the make maximum revenue that they could possibly have. It is cheaper to make factories in third world countries because the minimum wage is lesser than that of the United States. Global companies such as Nike makes factories all over third world countries because there are more people in third world countries that are willing to work hard for little wage. Many do not have jobs, so they are willing to do any work in any environment. According to Johan Norberg, there are four times more factory workers in Vietnam than in the United States. (174) This is because these factories are one of the only jobs in places like Vietnam that gives benefits and education. Factories in other countries do not take jobs away from the main country. It is the company’s decision to put their factories wherever they think will benefit them. A main concern that worldwide companies want to do is to decrease the exports of their products, so they put factories in third world countries, so that they would be able to distribute their products easier. Jobs are always available if you are looking hard enough. There are employment agencies in each states and towns because the government is working to lower unemployment rate. Also, the government gives aid to people who are not …show more content…
Third world countries will be able to use the globalizing countries technology that they brought with them from the other countries. Example of this would be the Jeepney in the Philippines. Jeepneys are one of the main mode of transportation in the Philippines. The Jeepney originated from the left over Jeeps that the Americans brought over to the Philippines during the Second World War. Now, the Philippines cannot function without Jeepney because that is one of the main form of transportation for people to get around all over the country. Philippines did not have to go through the trouble of inventing their own engine that could function as well as the engines from the Jeeps from the United States. Filipinos were able to reverse engineer the engines, rebuild them and repurpose them to the famous Jeepneys from the Philippines. If the United States did not come to the Philippines and shared their technology, Philippines would probably still be technologically behind from most countries because the Philippines does not have the funding to make its own research and revolutionize the Philippines on its

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