The Link Between Globalization and Poverty Essay

Although England’s religious turmoil played a role in the development of British settlements, England’s economic problems fueled much of the settling of British North America. England’s economic situation caused many settlers to come for economic success rather than religious freedoms. Colonists fled to Massachusetts Bay not only to escape religious persecution but also economic decline. Settlers sent by the Virginia Company were attracted by the promises and opportunities to live a better life. Economics soon became the underlying reason for colonization in North America.

1. What do you think a peer leader does? What kind of qualities should a peer leader

Within developing countries, it’s estimated that over 250 million children aged 5-14 are forced to work in sweatshop working conditions (Gaille, 2017). Sweatshops are working environments that are characterized by three major negative flaws: long hours, low pay, and most importantly, unsafe or unhealthy working conditions. Additionally, sweatshops have strict policies in place that restrict workers’ rights, such as limitations on conversation between employees and shortened break times that are usually enforced through violence. According to Gaille (2017), the Department of Labor indicates that 50% of garment factories in the U.S. violate two or more basic labor laws, establishing themselves as sweatshops. This type of labor condition is not limited to the United States, as many Multinational Companies (MNCs) have globalized their supply chain to take advantage of lower labor costs abroad. The existence of sweatshop working conditions has received increased attention from the media, as well as the United States government, with specific emphasis on the apparel industry. Companies such as Nike, Apple, and recently, Forever 21, have come under fire from consumers when the press revealed poor working conditions present in their suppliers’ warehouses overseas. The Apparel Industry Partnership, Fair Labor Association (FLA), and Social Accountability International Advisory Board (SAI) were efforts created by governments in order to mitigate the negative effects of MCN globalizing and utilizing sweatshop type labor. Companies interested in globalization are increasingly pressured to to extend their quality control to not only their company, but also the companies that they do business with, in order to remain strong in the public eye. That being said, research has been done to understand the positive impact of sweatshops on developing country populations. Studies have shown that sweatshops, although looked down upon in developed countries, are the best option for individuals in developing nations. Although poor working conditions are present, it’s been shown that sweatshops help to increase gender equality and unemployment rates. As unfavorable press has surrounded companies that source from low-quality

The United States border with Mexico is a controversial topic that has been the subject of debate recently. It is without question a problem that needs to be fixed. Currently most policies are focused on the manpower, infrastructure, and security of the border itself. However the border security is changed there will always be a demand for illegal immigrants and drug smugglers to cross the border into America. That why we should try to disrupt that demand by legalizing marijuana in the United States, put more resources into fighting cartels, and invest into the Mexican economy. These are the first steps to regaining border security to both countries.

Poverty in Developing and Less Developed Countries The world includes less developed countries and developing countries. Less developed countries are countries considered to be poor and often contain many people who are in absolute poverty. Developing countries are countries like India, which are gaining in wealth. There are two types of poverty within the world.

Globalization has, for better or worse, altered the economic arena for every country in the world. For many less developed countries, globalization has leveled the playing field so that their economies can compete with the larger, more developed ones such as the United States and other large western economies. For instance, technical engineers in India and China are now just as qualified as engineers in America, but at half the cost. The once large and prosperous service sector in the United States as well as telemarketing services have largely been sourced to India as a large exodus of American multinational corporations find cheaper workers who deliver comparable quality. This then seems to be the essence of globalization - businesses

Narrowly defined, globalization refers to the breakdown of barriers to Foreign Trade and investment, especially through such vehicles as the General Agreement on Tariffs and Trade, the World Trade Organization, the European Union, and the North American Free Trade Agreement. More generally, globalization involves the worldwide flow of capital, ideas, and information made possible through the rise of modern technology and the mass media, including the

Globalization is difficult to simply define due to the variety of changing definitions that have been established over previous decades. Hamilton and Webster (2012) suggest that globalization is the connection between nations, defining globalization as a process in which barriers are reduced in order to encourage exchanges between countries. This view proposes that globalization refers very much so to the trade barriers and the improved communications between countries in order to ensure the world is unified. Globalization increases economic activity across the world and opens up markets for foreign investment.

"Nearly 1/2 of the world’s population — more than 3 billion people — live on less than $2.50 a day. More than 1.3 billion live in extreme poverty — less than $1.25 a day" ("11 Facts About Global Poverty"). This number, sadly, is steadily increasing, and poverty has become a massive problem all around the world. Women, children, and men live in situations unmistakably horrid; with no clean water, no education, and little to no food. They live in these conditions for a great majority of their lives, with seemingly nothing to help them. Poverty is a world wide problem that effects people all over the world as they live in malnourished communities full of disease, and incapable of getting the proper privileges of education such as learning to

Globalization is taking place across the world where people can either become globalization or stay local in the state or country. People are very controversial about globalization helping local economies and local businesses. Some people believe globalization is helping local businesses into the markets and then there are some that believe that multinational corporations hurting the local small businesses. What is globalization? “the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets” (). Globalization has started long before we were born.

Globalization can best be defined as the shrinking of our world. As technology advances the gaps between Countries is closed, and our society as a whole becomes more integrated. Globalization is something that has been occurring for thousands of years, with one early example of Globalization being the use of the Silk Road, which connected China and Europe during the Middle Ages. Globalization can offer businesses many was to increase business, while at the same time threatening them (Globalization101.org, 2014).

Globalization is a process of increasing integration and the result of economic, cultural and political interdependence among countries. Globalization has been a controversial debate, since this phenomenon has affected the world in several ways. Consequently, there are plenty of economic, cultural and political arguments in favor of and against it. Some arguments in favor of globalization are that it promotes democracy, creates jobs (by dividing labor around the world), promotes knowledge and an interconnected world, and makes the world “borderless.” On the other hand, others argue that

Frequently, people are unclear of exactly what Globalization means. Globalization is the tendency of the world's economies to act as a single interdependent economy. It can be described as the increased movement of people, knowledge, ideas, goods and money across national borders to make the world more unified in a sense. Globalization is often thought of in economic terms but as we know there are other components with this idea like, economics, and cultures. There is a huge debate of whether or not globalization is positive or negative.

Globalization is the process regarding an increasing interaction of people, states, or countries through the growth of the international flow of money, ideas, and culture. It can also be tied to business ventures where businesses or other organizations develop international influence or start operating on an international scale. The idea of globalization has become very controversial in the United States labor market. There are many pros and cons on how it affects the labor markets. Along with the labor market controversy people also debate over whether globalization is a threat or opportunity to the United States economy. Although Globalization has brought a significantly positive impact on most countries in terms of economy, culture, and politics, it also has left some drawbacks behind on the same aspects.

Economic globalization is the key factor in what divides countries based on wealth and poverty. Good economic globalization within a country will lead it to have a healthy interdependence which will lead citizens of that country to a happier life. Whereas a country that does not have a good economic globalization is made a easy target for companies to take advantage of for things such as cheap labor. To say that it is a wealthy countries duty to give wealth to the less fortunate countries, is not an accurate statement due to the fact countries that are in poverty are usually in that situation for an accompanying reason. There is also a lot of issues that would arise from such. So therefore a country that has wealth should be more than able to keep their own wealth.