Wednesday, April 10, 2013

Economic Globolization


While reading about the Globalization of the world, I couldn’t help but think about how jobs must have been lost due to the movement of companies. I couldn’t help but think about how my parents left Vietnam to start a better life in the United States, but little did they know, all the jobs they would qualify for would be moved back to the countries they left. Growing up, I remember my parents talking a lot about jobs that they would qualify for. My parents didn’t want to be stuck in a low paying job for the rest of their lives, but their lack of education and lack of English stopped them from getting a better job. I remember my parents applying to all these companies and they would be turned away because all the big companies were movie to the other developing nations like China, Vietnam, etc. Because all the jobs were being moved away, I remember my mom trying to go on a strike. I remember her telling us that we were not going to buy anything that was made from China, Vietnam, or Korea. Now that I think back to it, I find it funny because majority of stuff I own are from these countries. It is hard to find things that are not made in these countries. One major issued my mom had with these big companies being moved out of the United States was that while people of other countries are making our items, they still pay so much for the items. I know when my mom goes back to Vietnam to visit she always go back with a lot of presents for my cousins because she says although the factories are located in these countries, they still can’t afford to but the items themselves. It is very unfair that these workers are not getting the items they are working on for a lower price.
            The one thing that has always been mind boggling to me is the international credit cards that are floating around our countries.  I work as a cashier at Forever 21 and the most difficult transactions are the ones where I have to deal with the out of the country credit cards. I am not sure how they run things in countries like Japan and China but often time when it comes time for the customers to pay, their cards are often declined. The main issue for a lot of the card is that the customers try to use it as a debit but our systems do not recognize the out of country debit cards so we have to run them as a credit card. Often time when I run it as a credit card it will work but on the rare occasion they will still be declined. What I find so weird is that the currency in both countries is different, yet the cards from China still work in the United States. I guess it just shows how technology has improved our world so much, because every time I buy something from eBay, I find it weird to think that the person I am purchasing my items from is from China. 

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