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Pros And Cons Of Globalization In The 20th Century

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Globalization in the 20th century
The definition of globalization is the process by which businesses or other organizations develop international influence or start operating on an international scale, according to Dictionary.com. There is a lot more to globalization than just its definition though. International businesses that really got globalization started lead humanity to a completely new way of life, all the way from what we wear to how we consume knowledge to go throughout our daily life in multiple ways, mainly; low tariffs with cheap shipping, fast travel, new technology, and new jobs. One big effect of globalization is the effect of taxes and tariffs on supplies shipped around the world. Thanks to big companies like amazon, you can order items from all across the world and pay very little extra and still receive them in usually under a week. According to “How fast could you travel across the U.S. in the 1800s?” traveling just a few states could take up to six weeks while traveling around the world took several months. The cost of traveling was much more expensive after calculating inflation and you could not buy supplies …show more content…

According to “The 10 worst countries for child labor.” There are over 100 countries still using child labor, conversely, some of the biggest companies all have factories in these places. Nestle uses constant child labor to keep prices low since they can pay these children much less than a regular worker. there are other companies that also do this; The Gap, Apple, Victoria 's Secret, in addition many others. There needs to be higher regulation across the world, since globalization is still in its infancy, big countries around the world like the United States need to help keep child labor under around the world to help

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