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Globalization is Good for America

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Can you please help me explain why globalization is good for the United States?

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Globalization is good for the United States because it provides a much wider variety of products and services to the consumers in the US. Further, the consumers get the products they need at more competitive prices. Similarly, US companies require inputs for several products. Globalization enables these companies to get these inputs at the most favorable prices. For example, a car maker in the US requires leather seats. The car maker gets these seats at very competitive prices from Mexico. Similarly, globalization provides US companies access to a wide market. For example, Apple Inc. sells its iPhones all over the world. Similarly, Dell is seeking to sell its computers worldwide. This means faster growth and greater profitability for US companies. Globalization has also provided US investors with excellent opportunities for investing abroad. The investors get a wider choice and can invest in relatively attractive investments. The result is that returns to the US investors increase. One of the advantages ...

Solution Summary

The answer to this problem explains the benefits and advantages of globalization for USA. The references related to the answer are also included.

See Also This Related BrainMass Solution

Culture - Which country's culture seems to be impacting the world the most?

In preparation for this assignment, visit the National Geographic's Globalization site and read sections I through IV. As you read, be sure to answer the following question:

Next, browse the Vanishing Cultures Photo Gallery and think about the effects of globalization on the cultures described in the previous sections.

Then, create a four-column chart (see example below) with the column headings "American culture," "European culture," "Asian cultures" and "Indigenous cultures" (Note that indigenous cultures are those similar to the cultures featured on the "Vanishing Cultures" site.) Name the rows "positive" and "negative." Within the cells of the chart, list one positive and one negative impact that globalization might have on these cultural groups. Conduct additional research as needed to create a complete list.

Finally, include a one to two paragraph discussion answering the following question. Be sure to include examples in your discussion:

Which country's culture seems to be impacting the world the most?
Is globalization a good thing, a bad thing, or a combination of good and bad?
Four column chart example:

American Culture
European Culture

Indigenous Cultures

Positive Effects of Globalization

Negative Effects of Globalization

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