GLOBALIZATION

GLOBALIZATION IS GOOD

GLOBALIZATION IS GOOD BECAUSE...

• It is cheaper for U.S consumers
• They can easily get goods from other countries
• Creates stronger bonds with other countries
• Increases economic independance for the U.S

Cheaper for U.S consumers
For example... We have a minimum wage and other countries don't, so we don't have to pay that country as much to produce our goods.

They can easily get goods from other countries
For example...Globalization helped form the World Trade Orginization, which works to reduce trade barriers.

Creates bonds between countries
For example... Countries who trade with each other want to maintain good relations. As a result, conflict among countries may be diminished.

Increases economic interdependence
For example... Countries who have a high economy like the U.S, can supply countries like china with factories so they can produce the U.S's goods. This creates jobs for china while the U.S don't have to make the products themselves.

GLOBALIZATION