Some of the positive effects of globalization, some we discussed in class:

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• Globalization has created the concept of outsourcing. Work such as software development, customer support, marketing, accounting and insurance is outsourced to developing countries like India. So the company that outsourced the work enjoys the benefit of lower costs because the wages in developing countries is far lower than that of developed countries. The workers in the developing countries get employment. Developing countries get access to the latest technology.
• Increased competition forces companies to lower prices. This benefits the end consumers.
• Increased media coverage draws the attention of the world to human right violations. This leads to improvement in human rights.
• The flexibility of corporations to operate across borders increases.
• The communication between the individuals and corporations in the world increases.
• Environmental protection in developed countries increases.
• Worldwide sporting events like the Olympic Games and the FIFA World Cup are held.
• Enhancement in worldwide fads and pop culture.
• Local consumer products are exported to other countries