Does Globalization Contibute To Sustainable Prosperity For All People?

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“Globalization contributes to sustainable prosperity for all people”. This quote contains mostly truth but there are also many arguments towards how globalization really does contribute to sustainable prosperity for people all around the world. This can be supported by three main points. How the rise of Japan’s economy effected the lives of millions of people. How shipwrecking effects the lives of both the ship companies and the workers in Bangladesh, and how economic growth contributes to the sustainable prosperity of the population in a specific nation. Sustainable prosperity can be defined differently from different individuals because of people’s personal opinions and their perspective is also effected by the people who influence their lives the most, but the main definition of prosperity is to have good fortune, or growth in an economic way. Globalization creates a gateway for sustainable prosperity to all people and gives people all around the world the opportunity to gain prosperity. In the far east area of the world, globalization has had many big benefits for creating substantial prosperity for individuals, like how Japan rose out of poverty and created one of the most poerful economies. Japan started out as one of the major isolated nations and over many years the spread of knowledge grew and Japan started opening their door to the rest of the world. Japan started out as a small economic country and didn’t have a very big impact on international trade and new technology but Japan created many legacies that had a huge positive impact, and changed the whole world. Along with the rise of technology, there became problems that effected everyone. With the rise of technology came the world demand for products and to keep up ... ... middle of paper ... ...s still many problems around the world that need to be fixed before we create sustainable prosperity for everyone. We need to create a foundation of survival and stop the starvation and extreme poverty before we can create sustainable prosperity and happiness for all people. Works Cited Gardner, Robert, and Wayne Lavold. "Chapter 9-12." Exploring Globalization. Toronto: McGraw-Hill Ryerson, 2007. N. pag. Print. "Persuasive Essay Example." Docstoc.com. N.p., n.d. Web. 09 Jan. 2014. "Position Page: To What Extent Does Globalization Contribute to Sustainable Prosperity for All People? - Economics and Enviroment." Position Page: To What Extent Does Globalization Contribute to Sustainable Prosperity for All People? - Economics and Enviroment. N.p., n.d. Web. 09 Jan. 2014. "SHIP BREAKING IN BANGLADESH." Shipbreaking in Bangladesh. N.p., n.d. Web. 09 Jan. 2014.

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