Advantages Of Globalization
In the Book of Genesis, the Bible says that God separated nations by confusing tongues; now thousands of years later, the advantages of globalization are bringing all nations back together with even more benefits than ever before.
In times past, lack of good and efficient transportation as well as delayed communications kept various parts of the world as isolated arenas. One area had an overabundance of raw fuel, another; the perfect climate for year round farming and yet another had vast stores of valuable minerals. Alone, each area had little need or motivation for making the most of these treasures, much less the cash flow or ability to do so. Early shipping excursions were able to accomplish certain trades involving fabrics, spices, foods and other commodities, but not in as large quantities. Repeated trips were required to appease the acquired tastes that were awakened by the novelties. As technology advanced over the years, creating improvements in industrial, transportation and communication venues, a melding began to occur. Nations that had a large quantity of one natural asset yet suffered from a severe lack in others now found that they had a bargaining chip to acquire what they needed, and methods to accomplish the trades in quantities large enough to make them wealthier. The world had gone global.
Since the 1950’s, trade between foreign regions have increased exponentially. While it may have begun at a modest pace, the rate of speed with which it has grown is now equivalent to a steamroller going downhill; picking up velocity continually. This may sound alarming; however, there are many advantages of globalization. From a socialization aspect, increased global relations means that many of the barriers between cultures are being removed and with them, the likelihood of conflicts and wars. From an industrial standpoint, equalization between nations is occurring because more developed nations have the opportunity to invest in less privileged countries. The flow of communication has improved vastly, opening new channels of information sharing between nations, governments and corporations. The extent of natural disasters, extreme hardships and details of foreign conflicts are now able to be brought to the attention of people a world away; enabling support and assistance to be delivered promptly.
On a more personal scale, globalization affects the common man in many ways as well. The ability to visit the grocery store on any given day to find fruits and vegetables during off seasons or visiting a car dealership and having your pick from multiple foreign models are both available to the consumer due to the global trade relations. Faster and more efficient transportation methods provide fresh, delicious foods to be shared between nations. Haute couture has brought heightened senses of sophistication through the import of clothing from France to distinguished clothing shops. Travel to exotic regions is made possible through improved relations between countries, providing exciting and memorable visits to areas that previously were only stuff of which dreams were made.
Besides the technological advantages of globalization, national economics add even higher benefits. Lowering inflation rates through competition, increasing quality and quantity of exports, advanced employment possibilities, improved living conditions in less developed countries and more competitive pricing for everyday purchases are all attributes of a global market.
There may have been a great need in the early Biblical days for nations to be separated, but the time has arrived to realize the many advantages of globalization. For some nations, going global could be considered as simply being convenient, economical and easy. For other countries, the global market may very well be their lifeline; a rejoining of nations that may, some day, hopefully result in an atmosphere of peace and synergy.