NAFTA and Globalization

A detailed Summary of NAFTA and Globalization


Globalization over the past twenty has become an issue in many countries. This industrialization of second and third world countries by Western Civilization creates many opportunities for the inhabitants. Not only does it expand trading markets, but also promotes productivity and efficiency; thus improving the country and integrating it into the industrial world. This process not only benefits third world counties, but also industrialized nations by allowing them to export goods to the developing world and increase their profit margin.

East Asia and Latin America seem to benefit most from this. The East Asian economy has developed the fastest with an annual growth of nearly 8 percent (Stand 43 4). This has been achieved through maintaining economic stability and production output. However, western influence in some ways has harmed the culture within these countries, many of them now talk


While these American companies benefit from NAFTA, the American workers suffer. As a result of large companies moving production plants to Mexico, thousands of American laborers are laid off, often with no benefits or compensation. Many American companies deny the moving plants to Mexico in an effort to evade the Labor Department. One city that has suffered the most is El Paso, Texas. The majority of its workers are willing to accept minimum wage, the average unemployment rate is 11.7 percent and has lost more than 5,600 jobs to Mexico (Stand 57 8). An example of this is Johnson & and Johnson, who laid-off 110 workers and moved to Mexico. The company claimed that they did this because all their competitors had left because of NAFTA (Stand 58 7).

of returning to their roots through Asianization or Islaminization. Many of these people feel that western influence has stripped away values

Some common words found in the essay are:
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Approximate Word count = 602
Approximate Pages = 2 (250 words per page double spaced)

Category: Politics

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