Globalization and Quality of Life
Many people have different opinions on globalization and its effects on the world. Truth is there is no way to be sure of which side is right. Globalization may have negative effects on quality of life; however it has indeed brought a tremendous amount of positives to the topic. Trade liberalization and increased marketing has not only increased productivity and wages but has also increased the quality of life for workers. Globalization has made it possible to increase literacy and western ideals of education as well as promote innovative technology and industrialization. These are just two of the many reasons as to why globalization has had a positive impact on the world’s quality of life.
Trade liberalization was a huge positive for economic growth and quality of life for workers and consumers. The European Union is a perfect example of how trade liberalization can positively affect the economy as well as the quality of life for the countries involved. The EU eliminated all boarder taxes and other trade barriers between the 27 members resulting to a decrease in costs, higher wages, and higher quality of life for workers and an increase in imports and exports. When the free trade agreement between Canada and the US was signed in 1989, imports and exports between the two countries grew quickly having the same effect as the EU. In 2002 all trade restrictions were removed from clothing imported to Canada from developing countries. Because of this, imports from china and Bangladesh more than tripled and clothing prices in Canada declined by 5.8%.
Globalization’s effects on literacy and education do not only help certain countries but the world as a whole. Different people around the world come up with different ideas and obtain all kinds of knowledge. If everyone in the world was up to date with all the information and knowledge in different topics, then communicating better ideas would be much easier. For example NGO’s went down...