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Globalization - Good or bad?
It is a Monday afternoon, a Japanese-Canadian mother is making sushi for her children during their lunch break. She realizes they are out of sesame seeds and asks her Dutch-American husband to buy her more. He drives out of their driveway in their Korean Kia Sportage, past the Islamic Mosque, and arrives at the French-owned neighborhood grocery store. He picks out $2.00 worth of sesame seeds produced in Africa, gives the cashier a toonie, and heads home to his wife and children.
Why does a story like this seem feasible when it would seem outrageous just a few decades ago? The primary reason for this change is globalization, the trend toward a more integrated global economic system.
Globalization has revolutionized the way we do business in the world by initiating a colossal increase in the global exchange of goods, services, and technology. In practice, the main goals of firms and investors moving towards globalization of markets and production are to cut costs, increase trade, develop new technologies, and ultimately to increase profit. These goals often lead to greater importance being placed on making money than the livelihood and well-being of other people. Some people turn to statistics and past examples and concur
Approximate Word count = 2984
Approximate Pages = 12 (250 words per page double spaced)
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