World Cultures Comparison Project/Paper

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Only a DRAFT!

May change/be updated - still in progress - may still contain inaccuracies

Still very rough

Globalization, in the long run, has a positive impact on both richer and poorer (or developing) nations.

Globalization increases competition, granting the most efficient operation the business. This trims the excess fat from supply chains, providing for lower prices. Throughout history (give example) there has been consistent evidence that monopolies are detrimental to society as a whole. They allow a smaller subset of producers to artificially raise prices (Brue 85). Monopolies are not governed by market principles, and therefore are not run for the good of consumers or the economy as a whole. The blockage of trade between nation, therefore, shows tendencies and qualities of monopolies.

Monopolies also result in higher prices for consumers. For example, take Wal-Mart the world's largest retailer, and domestic private employer (Wikipedia). They use the economies of scale and globalaization to achieve the lowest price possible. Thus, more then one-third of the world's population visits a Wal-Mart every week (Wikipedia). They come because the store offers the lowest prices of any store near to them. This savings on purchasing basic household needs, gives them extra money to purchase other things. This has increased the standards of living in the Unites States.

Many countries depend on global trade, for both imports and exports, including the United States. Many products made in the United States are made of foreign parts (Brue 101). The US has and continues to benefit from exporting our goods (Brue 102). Many agricultural goods are sent out of the United States to nations which do not have as much fertile soil as we have. We sell automobiles, airplanes, and coal to nations around the world. In fact, 42% of our exports go to developing nations, helping to improve their lives (Brue 103).

Thus, the amount of tariffs, and other trade barriers, both internationally and in the United States has gone down in the last 100 years (Brue 115). In fact, many economists consider the Smoot-Hawley Tariff Act of 1930 to be a major cause of the Great Depression (Brue 114). The Smoot-Hawley act attempted to choke off import to help domestic producers. Instead, it raised prices for goods, leading to the recession

Growth is keystone of improvement in our lives, and techonologial advancemnts are what power it. Looking back a hundred years, standards of living were much lower (cite). There were no airplanes, requiring long voyages on ships or trains to reach destinations. In fact, the US was even more polluted (CITE!!!) then then it is today. Life expectancy and life quality have both risen. The reasons for this growth is technological advancement. New farming techniques have risen farm output (give ###!!!). Less farmland, and less farmers support more people. Computers take the pain out of rewriting essays.

tech progress

less discriumination

growth

protectioism - hurts more

more international perspectives