Why Globalization Matters

Imagine a world where you are limited to the resources of your country. You have no idea of any of the current events that are going on in the world, and you are not allowed to trade nor do business with any other country. This is what the world would be like without globalization and outsourcing. Globalization and outsourcing connect the world and help boost economies in countries all around the world. Globalization and outsourcing have had positive effects on consumers in Iowa, American corporations who either trade or outsource to Southeast Asia, Southeast Asian country’s labor forces, and governments of Southeast Asian countries.