Globalization has gained the United States quite the popularity. First and foremost, globalization has spread American influence throughout the world with the outsourcing of products and American made labels. Globalization has opened up more markets for the United States, which, due to this, has helped many American companies sell their products worldwide. There has been a rise of international business and their influence has greatly increased. Globalization also supports the ability for American corporations to sell their products outside of the country and helps in keeping the country “on top” or “near the top” economically. Globalization has increased the real-time communication abilities between international organizations and nations. This has allowed for a greater emphasis on international
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The world has in a sense become “smaller” because the nations can in a sense communicate easily. This has impacted the United States in situations such as the 9/11 terrorist attacks as well as it has given the United States the ability to communicate with allies as well as enemies in time of peace, but also in time of conflict. Globalization also allows for cheaper products for Americans to purchase and lower prices. This is due to the cheaper labor that makes the product. These cheaper prices allow for the standard of living for Americans to increase. Though globalization has allowed for the ability for prices to be lower in the United States, there is also the drawback that many Americans have lost jobs to foreign workers who are willing to work for less and in worse conditions. The American work force now has to compete with foreign workers in companies and often is replaced by those who are willing to work for less. Another negative effect is that the United States now has a major trade deficit. Globalization has increased this deficit and the United States has to figure out a way to deal with this deficit if it is to stay the extremely powerful
The world has in a sense become “smaller” because the nations can in a sense communicate easily. This has impacted the United States in situations such as the 9/11 terrorist attacks as well as it has given the United States the ability to communicate with allies as well as enemies in time of peace, but also in time of conflict. Globalization also allows for cheaper products for Americans to purchase and lower prices. This is due to the cheaper labor that makes the product. These cheaper prices allow for the standard of living for Americans to increase. Though globalization has allowed for the ability for prices to be lower in the United States, there is also the drawback that many Americans have lost jobs to foreign workers who are willing to work for less and in worse conditions. The American work force now has to compete with foreign workers in companies and often is replaced by those who are willing to work for less. Another negative effect is that the United States now has a major trade deficit. Globalization has increased this deficit and the United States has to figure out a way to deal with this deficit if it is to stay the extremely powerful