Supporters Of Globalization Essay

What is globalization? Very simply, globalization is the process by which people and goods move easily across the earth, but the impact of globalization is found on the borders of countries (Grey). Globalization is an An economic idea that would seem to have a minute effect on global trading, but that would be incorrect. When globalization comes into play in the real, ever-changing world, the change in production, or the ability to produce is immense, steel companies in the UK, for example, were undercut when Chinese companies began producing cheaper steel, steel plants in the UK then closed because of the difference in prices (Grey). Restrictions on globalization’s lethal touch have been implemented in many different ways, such as taxing the trade so the influx of cheaper material has less of an impact on the ones being undercut, in this example, the UK would get some portion of the money spent to get the steel, raising the price, evening out in some small way the loss of revenue from, in this case,

Those for globalization also say it is one of the pillars necessary for creating a free market, which is an effective way to create jobs, as well as making companies more competitive, and in turn, lowers prices for consumers (Collins). A fairer world comes about when you remind yourself countries have added more than 1,200 restrictive export and import measures since 2008, each of which contributing to the United States’s jobs deficit and trade deficit. In conclusion, those who want to see globalization occur are those who believe in a free market system where everyone is entitled to their own work, and that no restriction should be put in the way to stop