Globalization
Globalization promotes a better-connected world. This connection is fuelled through trade, investments, and the advancement of technology.
Pro Arguments
Widespread of Technology+
tech developments
- digital connection between countries allows for
tech & new ideas to be shared and implemented
China and the U.S. are leaders in the AI market and have used millions of Ai-surveillance cameras
Access to goods
-Business owners can sell their goods through a huge market
through imports & tech, it has been easy to indulge in foods we eat on a regular basis
One of Canada's major imports include mangos from Mexico
Cultural connection & awareness
-Easier to access art, films, music from foreign countries
-Better cultural awareness will help break traditional norms, racism and promote better connection between people
Japanese animation is extremely popular in the West Attack on titan was the most popular show in the U.S. through Jan31-Feb6
Con Arguments
Environmental Damage
- Leads to increased production for businesses to meet demand.
- Leads to natural resources being used.
Example: It is worse in developing countries. Therefore, leads to a negative impact.
Fluctuation of Prices
- Prices always fluctuate due to competition for businesses.
- Businesses with the best price wins.
- Companies reducing prices will lead to a negative effect.
Example: US has to reduce its price for the same product coming from China.
Increases potential Global Recessions
- When countries economy becomes interdependent, It will likely increase global recession.
- If a country's economy starts to struggle, it causes a domino effect.
- A nation's actions can often have consequences on another.
Example: China's labour costs, and the air pollution in the US.