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Globalization: A Joy to the World?

By: Andrew Magd

Globalization relates to the different cultures of the world. As an individual being Greek and Peruvian, I express various aspirations of globalization. According to BBC (2014), the positive impacts of globalization include “the sharing of ideas, experiences and lifestyles of people and cultures.” Essentially, it can be said that I share this similar notion in my life because, every day I have to speak Spanish, Greek, and English, in order to communicate to my family here in the U.S., as well as my relatives in Greece and Peru.

In addition, globalization impacts my family and me in terms of food. Food is expressed widely in my family, due to my extensive cultures I aspire to. With respect to my Greek side of the family, “Loukoumades” is known to be a traditional dessert dish that is respected in the Greek culture. Although culture is one fundamental notion of globalization, global business is another factor that is important. In terms of global business, my family plays an important role in distributing food to other countries. My relatives that live in Lima, Peru, work in a global commodity business that distributes various foods and spices to countries in Asia and the U.S.

In terms of globalization in the U.S. According to Globalisms (2012), researchers state how “globalization has opened up more markets for the United States, which…helps American companies sell their products worldwide.” The U.S. has used globalization, as a system of business, allowing companies to make profits in various parts of the world. However, globalization towards the U.S. has consequences. According to the U.S. Department of Labor (2017), globalization has an impact on “productivity and on the real wages and real incomes of workers.” Therefore, globalization can have both a positive and negative influence on the world.

Work Cited:

“AN OVERVIEW OF ECONOMIC, SOCIAL, AND DEMOGRAPHIC TRENDS AFFECTING THE US LABOR MARKET .” Globalization, 2017, www.dol.gov/dol/aboutdol/history/herman/reports/futurework/conference/trends/trendsVI.htm. Accessed 11 July 2017.

“GCSE Bitesize: Positive Impacts of Globalisation.” BBC, BBC, 2014, www.bbc.co.uk/schools/gcsebitesize/geography/globalisation/globalisation_rev4.shtml. Accessed 11 July 2017.

“How Has Globalization Impacted the U.S. and Its Citizens?” Globalization, WordPress, 4 Dec. 2012, globalisms.wordpress.com/how-has-globalization-impacted-the-us-and-its-citizens/. Accessed 11 July 2017.

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