Is outsourcing/globalization good for America?
Outsourcing/globalization is good for America. Walmart is a good example of why it is. Things I will be talking about in this essay will be what things would be like without outsourcing and globalization, the pros and cons of outsourcing and globalization, and why it will help us in the future. Countries that don’t globalize or outsource will not survive long because they would run out of materials and food sources. I believe that the only reason that the world is still running is because of globalization and outsourcing. If countries like China didn’t exist and the world was just a bunch of little countries then it would probably be a lot more chaotic and there would be a lot more poorer
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another pro for globalization and outsourcing is that we get stuff from other countries that we would never see or know about if we didn’t trade with that country. some cons to globalization are that if we trade and don’t make money of the products we try to sell in that country then we lose money and we go in debt. An example I have from "Un predicts huge expansion of wealth in developing world that will shift power" is "By the end of the decade, the combined output of three leading developing-world countries- Brazil, China and India- will surpass the combined economic output of the United States, Germany, the United Kingdom, France, Italy, and Canada, the report says." This just shows that we cant spend all of our money on things we don’t need because there's countries passing us economically and technologically and we don’t need that. another reason why it could be a con is because say we stop trading with the middle east....there goes billions and the gas is going to go from $3.50 a gallon to $11.50 a gallon and if that happens then nobody will drive and if nobody drives then nobody drives cars and if nobody drives cars the major car makers go out of