Globalization of North America, South America and the Caribbean Essay Example for Free

globalisation of North America, South America and the Caribbean EssayGlobalization is the result of a development of an increasingly merged global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign grok markets (http//www. merriam-webster. com/dictionary/globalization). Not e trulyone is a proponent of globalization. This is especially true for North America. Although the textbook says North Americans turn in become a highly affluent society by means of transforming the environment and by extending their global, economic, pagan and political reach, the fact remains, that m any(prenominal) citizens of North America are not wealth by any stretch of the imagination. The same can also be said about Latin America. The affluence has go around so unevenly, particularly in the United States, that many of the previously middle class have disconnected their homes and many are now living in tent cities. Recent college graduates are findi ng it very difficult to obtain work in their chosen field. Many people have been unemployed broad enough that their unemployment benefits have run out.These people are considered to be not actively seeking employment this is hardly a fair opinion to form. Much of this can be accounted to work being outsourced, principally to places like Mexico, or even as far as India. Multinational corporations are often impeach of social injustice, unfair working conditions (including slave labor wages and poor living and working conditions), as well as a lack of concern for the environment, mismanagement of natural resources, and ecological damage. http//www. manufacturing. net/articles/2010/06/the-pros-and-cons-of-globalization. However, in that location are some benefits of globalization. Some people argue that money is now able to flow freely across boundaries that were once limited. An article found in Forbes Magazine explained how Sony could sell a Playstation game soothe or TV just a s easily in the United States as Tokyo.The same goes for orchard apple tree with its iPhones and other tech toys. (http//www. forbes.com/sites/panosmourdoukoutas/2011/09/10/the-good-the-bad-and-the-ugly-side-of-globalization/). The textbook points out how uneven development is in Latin America. prevent workers, whether highly skilled or low skilled look to emigration as their only hope. Migrants a great deal relocate to the United States, Europe and Japan looking for work. Remittances are sent back to their native countries, which results in billions of dollars annually directed to Latin America.