Net Effect of Globalization

PROS:

• companies get cheaper labor
• more work gets done because of large population in poorer countries
  
• more people have the opportunity to get a job

CONS:

• people lose their jobs to others in a poorer country
• when people lose jobs, they have less money
• in order for some to get their job back, they must travel to apoorer country

So, overall, globalization has its pros and cons so it has good benifits and disadvantages.