What Are The Pros And Cons Of Globalization

Globalization is the continuous act of sharing ideas, culture and goods across the world. Socially this is done through the internet, social media, news broadcasting agencies and even through an increase in immigration and traveling. Economically and politically an increasingly globalized world has been formed through an increase in trade of knowledge and resources, bills and acts, increase in communication availability and organizations such as the UN. All of these advancements are interconnected and help fuel more efficient communication between countries, whether it be through politicians or an average citizen, thus resulting in globalization.

Globalization has resulted in both beneficial and non beneficial outcomes, although some of the negative results

Jobs are often eliminated from established countries and are relocated to countries with cheaper labour costs and little to no labour regulations. Previously industrialized countries are beginning to run out of natural resources and outsource these productions to save or regrow their own supplies. This also results in the economy of already established countries to grow at a more rapid rate due to cheaper goods and services, while less established countries who put in the work do not see these benefits. Cheap labour costs are taken advantage of and result in unfair trade. With an increase in industrialized products the environment is also impacted heavily, whether by the pollution from the factories or the ecosystems that are eradicated for resources. The "Cost" Of Globalization by HumberEDU discusses the importance that we, as consumers, can help eliminate these negative effects of globalization, “As consumers, what is our responsibility as part of the global supply chain? The next time you pick up your phone remember the combined efforts of the people around the world that worked to make your phone”. If we make the