How Globalization has improved the World
The world we live in is quickly becoming smaller and smaller as time goes by, and as new advancements and discoveries are made. Which is caused by a great inevitable phenomenon called globalization. When referring to globalization, we are referring to the increasing integration and interdependence of the world in terms of economics, politics, technology, and culture (Mingst). Globalization has affected the world in numerous ways; it has been a source of economic growth, democratic freedom and liberalization, and prosperity. On the other hand, globalization critics argue that globalization has negatively affected the nations involved, by taking away jobs and by exploiting developing nations. However, the positives outweigh the negatives by a lot. Allowing globalization to continue to grow is essential in bettering the lives of everyone involved in every aspect. The driving forces of globalization are making the world a better place.
Politics and the economy are both driving forces for globalization. Economy has prospered tremendously for nations that began engaging in international trade. These countries have seen economic growth and environments where the lives of their citizens have improved through increase in development levels and wealth of the participating nation states. This has occurred largely because economic liberalization, which is when economic policies are used to deregulate national economies, and countries look to get away from high levels of government involvement and regulation of the economy (Money and Evans). Before World War II, many nations, especially European and Asian Nations, had centrally planned markets, also known as communism. After World War II, some of these nations have decided to go towards capitalism and made political decisions to open up their economies and engage in international commerce. These decisions include the liberalization of state owned...