Is China Taking Over The World Research Paper

As a result of globalization, we are seeing an ever-increasing reliance upon foreign goods. According to the Merriam-Webster dictionary, globalization is, “the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets” (Merriam-Webster). Many people are wondering whether globalization is damaging or beneficial. With this thought in mind, I aim to show in my research paper, “Is China Taking Over the World?”, that although the world has benefitted from globalization it has also been damaged. My paper will examine how globalization began, as well as some of the benefits which have helped the world. It will also examine how globalization has damaged many people’s lives. These issues are important because they show how globalization has affected the world since its very beginning. It will show that without the process of globalization the world would be a much different place. It will also show the direct effects that globalization has on every

In their paper, The Good in Globalization, Richard Fisher and Michael Cox explain how globalization is an all-around beneficial process to all involved and how globalization helps the world learn how to cooperate; however it does not take into account all of the problems which globalization also presents (Fisher and Cox). In his paper, How Globalization Went Bad, Steven Weber explains how globalization, from the very beginning, has been a devastating process and has damaged many countries through the increase in terrorism and ties between nations (Weber). In the article, Globalization: The Good, The Bad and the Uncertain, Ian Goldin discusses the key beneficial and damaging parts of globalization, however he focuses more attention on the negative effects and places much more emphasis on