Globalization

Globalization is the process of foreign countries trade in a global network of communication and trade. The negative parts is that companies take adbantage of other countres. for example companies would use colombia or another poor country and create products which make the workers work lond hours and for low wages. Some advantages is that is helps the world develop and improves business,transportation, communication, telecommunication, and cultural exchange. This could be achieved by setting there global standards, such code of conducts and mutual cultural respect of the others.
Code of Conduct: Companies delocalize their production in foreign countries to improve their competition in term of pricing without taking into consideration the hygiene, quality standards, work habits and by exploiting workers and abusing child labor.
In the global world globalization has negative consequences such as companies dismising workers therefore creating socio-economical problems in thier main country.
Globalization has also positive input on humanity such global communication, transportation, and access to the whole world as a village where you can buy online, search for knowledfe or listing to music.

The chain reaction of the globalizaton could be positive or fatal for the economic such the problems we have been seen lately happening around the world starting within united states and affecting the whole world, we still struggling because the world economy is so complex linked that any problem happening anywhere could affect everyone.
To use the globalization more effectively we shall respect the habits of the other population and put more control instruments and standards that all the countries including multinational companies shall respect inetrantional standards of quality, labor law and code of conducts and by setting salaries levels that the competition is fair and jobs are preserved and maintained everywhere.