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In: Accounting

How has globalization affected the culture within the United States? I need a few paragraphs on...

How has globalization affected the culture within the United States?
I need a few paragraphs on this topic please.

Solutions

Expert Solution

The globalization of the production and distribution of goods and services is a welcome development for many people in that it offers them access to products that they would not otherwise have. However, some are concerned that the changes brought about by globalization threaten the viability of locally made products and the people who produce them. For
example, the new availability of foreign foods in a market—often at cheaper prices—can displace local farmers who have traditionally earned a living by working their small plots of family-owned land and selling their goods locally.
Globalization, of course, does more than simply increase the availability of foreign-made consumer products and disrupt traditional producers. It is also increasing international trade in cultural products and services, such as movies, music, and publications. The expansion of trade in cultural products is increasing the exposure of all societies to foreign cultures. And
the exposure to foreign cultural goods frequently brings about changes in local cultures, values, and traditions. Although there is no consensus on the consequences ofglobalization on national cultures, many people believe that a people's
exposure to foreign culture can undermine their own cultural identity.


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