By: Havisha Garimella
Globalization is a prevalent feature of my daily life. Almost every piece of technology I use is a product of globalization. For example, my phone is a Samsung phone. Although Samsung is a South Korean company, it sells its products to the U.S. consumer. Another example is Quora. When looking up answers to some questions, I often times use Quora. Quora was founded in the U.S. and its headquarters are in the U.S., but this online platform is not limited to only U.S. residents. This question and answer website allows people from across the world to connect with each other and exchange information on different topics.
Globalization has impacted my family by providing them great jobs. Both my parents were born in India, studied in India, then studied in Scotland, and then came to the U.S. to work. They came to the U.S. on a work visa and have worked for American engineering companies. Globalization allowed my parents to come to the U.S. to use their expertise gained from foreign education and training, for American based firms.
Globalization has been good for the U.S. because it has allowed U.S. based companies to grow in terms of size and expand in terms of innovation. Looking at food franchises, companies such as Pizza Hut, Burger King, McDonald’s have been able to generate such large revenue due to its international expansion. Technology companies such as Google and Microsoft have been able to utilize international human capital to drive their innovation. This growth (size or innovation) is due to globalization, and this growth is what makes U.S. such as dominant force internationally. In conclusion, globalization is beneficial for the US.