It's a little world, all things considered. This expression has never been all the more genuine, and if patterns keep on developing the way they are, the world may keep on shrinking. In light of cutting edge innovation, higher requests from business sectors and speedier turnaround times, globalization has turned into a staple for world trade. In the U.S., the term globalization frequently has negative undertones. For some, it speaks to a risk to their employments, business and lifestyle. Despite the fact that numerous Americans consider it a grimy word, "globalization," really has been an impetus for positive change too. This section will give the effects of globalization an investigation, and have a go at connecting them with the Bible to get an unmistakable point of view of the Bible on them.
Globalization has led to an improved wage rates due to increased number of efficient markets. Productive markets ought to be what each economy longs for. Basically, the indication of a proficient business sector is the place there is a balance between what purchasers will pay for a good or service and what merchants will offer for a decent or administration. On the off chance that you can enhance the way you create a good or service by doing things, for example, outsourcing certain procedures or purchasing from an abroad supplier that offers rebates, you can then bear to bring down your offering cost which results in expanded interest and moderateness. Regardless of the possibility that organizations don't bring down costs, they can make extra benefits and after that reallocate that abundance benefit into doing things like expanding wages, going up against more ventures or notwithstanding making more development tasks. The bible asks us to be considerate in paying those who work for us. However, some companies have gone overboard and are denying their laborers their pay, or underpay them. This is wrong, the book of James 5:4 says, “Behold, the wages of the laborers who mowed your fields, which you kept back by fraud, are crying out against you, and the cries of the harvesters have reached the ears of the Lord of hosts.” Globalization has brought about better pays for very many people, but also has led to the undermining of labor from laborers who hail from less developed country.