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Affirmative: Globalization has changed the world for better. - Coggle…
Affirmative: Globalization has changed the world for better.
Economic growth:
Globalization aims to benefit individual economies around the world by making markets more efficient, increasing competition, limiting military conflicts, and spreading wealth more equally.
Foreign Direct Investment: Foreign direct investment (FDI) tends to increase at a much greater rate than the growth in world trade, helping boost technology transfer, industrial restructuring, and the growth of global companies.
Technological Innovation: Increased competition from globalization helps stimulate new technology development, particularly with the growth in FDI, which helps improve economic output by making processes more efficient.
Economies of Scale: Globalization enables large companies to realize economies of scale that reduce costs and prices, which in turn supports further economic growth. However, this can hurt many small businesses attempting to compete domestically.
New job opportunities for the young adults
Jobs don't require as much manual labour
More variety of jobs
From virtual connections to more affordable goods, such as clothing and food, globalization has been beneficial to many aspects of society. This is because globalization has led to reduced costs of goods and increased trade.
Economic growth (jobs, connections across the globe)
Globalization allows companies to find lower-cost ways to produce their products. It also increases global competition, which drives prices down and creates a larger variety of choices for consumers. Lowered costs help people in both developing and already-developed countries live better on less money.
Cited sources:
https://www.thebalance.com/globalization-and-its-impact-on-economic-growth-1978843#:~:text=Globalization%20aims%20to%20benefit%20individual,and%20spreading%20wealth%20more%20equally
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https://velocityglobal.com/blog/globalization-benefits-and-challenges/#:~:text=Globalization%20allows%20companies%20to%20find,live%20better%20on%20less%20money
.
Evolution of technology
Higher efficiency
Cars
A.I.
Communication
Safer medical care
More convenient
Internet
Smart phones
laptops
tablets
A.I. has a higher accuracy then humans
crops and animals managed by technology, which is better because it requires less physical work and its hard for A.I. to make a mistake
Mass production and bulk buying
Humans aren't as fast as machines and machines are a lot more effecient
Cultures, Traditions
Changing cultural values
Increased Cultural understanding
allow other countries to view the culture of countries across the world
Increased people's understanding on one another