The Negative Impact Of Globalization In The United States

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In a century where economies revolve around trade, and cheap produce, Globalization is a benefit for our economy, and others. In the United States, we strive for the cheapest goods, and look for bargains. Through Globalization, we are able to do just this, and build our own GDP at the same time. Because of technology, organizations that support trade, and workers and companies raising the economy, the world is becoming ever more a connected web of trade.

Globalization is beneficial because of global connectivity, and the ability to reach a global audience. In 1995, only 1% percent of the world had internet access. By 2015, that grew to almost 45% percent, just over a span of 20 years. The internet allows the world to be connected in new ways, …show more content…
In India, the IT revolution has greatly benefitted India’s economy, where 1/4 of the citizens live on less that one dollar a day. Because India has a poor economy, companies can pay IT workers much less than the wage in the United States would be. But this wage is still very high compared to the average pay, in 2007, the average worker was paid $950 a year. But a computer programmer might get paid $6,500 or even more, which is a stark contrast. In the Rana Plaza disaster, corruption and the United State’s desire for cheap goods drove a collapse that killed so many innocent people. But the only reason we know about this disaster is through global connectivity. The reason these workers received compensation is because of a world who cares about these workers. Through disasters, there is a silver lining, and now some companies only use sustainable factories for goods. These workers have higher standards of living, as well, because they are paid a high wage for their living area. Globalization is a benefit not only for the buyers, as they get low prices, but for the workers who have higher wages, and a higher living condition. Globalization is a benefit all
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