Home / Readers Forum / The Importance of Globalization (Griffin Peterman)

The Importance of Globalization (Griffin Peterman)

Without globalization, we would be limited to the resources the U.S. has to offer, and many of the luxuries we enjoy on a daily basis would not be possible. One significant area where globalization affects me on a daily basis is the food I eat. When I make a trip to the grocery store, I have my choice of a variety of produce such as bananas and mangoes. This is only possible because globalization has enabled the U.S. to trade with Asian and Latin American countries. 

In addition to positively affecting my life, globalization has benefited those around me. During the past century, the U.S. began to engage more with other countries in trade and demand for U.S. goods and services rose. This increase in demand created more job opportunities for residents of the U.S., and as a result my ancestors were afforded opportunities to support themselves and raise a family. In addition, globalization over the past 200 years has led to an increase in both wealth and life expectancy, meaning my elders have been able to meet their grandchildren and spend the last few decades of their lives free from having to work. 

Finally, globalization has helped the U.S. expand its market for trade. Being able to sell war supplies to European countries during the first World War caused a rapid increase in the GDP, and created thousands of factory jobs for the unemployed. After this spike in economic growth, the U.S. became a major player in the world economy. Without globalization, the demand for a country’s goods is limited, and economic growth is more difficult. In conclusion, globalization has been critical not only to improving my own livelihood, but to improving the livelihoods of billions of people around the world.  

About gpeterman97

Check Also

Amazon Staten Island Workers Withdraw Request for Union Vote

Last week, there was a presentation on the strike of Amazon employees in Germany, and ...