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As the world becomes more interconnected through the power of the internet, many aspects of daily life are also changing throughout the globe. One major impact with globalization is that products are available to customers at lower prices. Globalization greatly benefits consumers. Price drops are made possible through the increased outsoucing and/or cheap imports.

Outsourcing defined is "to send out (work, for example) to an outside provider or manufacturer in order to cut costs". Because the main goal of a business is to increase shareholder value, many companies are willing to do anything to achieve their goal. One method of sufficiently cutting costs is to outsource work. For years, American jobs have been slowly outsourced to countries where workers are willing to work for less. Customer support numbers are often routed overseas and programming jobs are slowly being moved to India. And though outsourcing benefits the consumers, the American job market is changing. Workers in those outsourced job positions must find new work or re-train.

Cheap imports also benefit consumers. This form of globalization theoretically also benefits countries as a whole. A country's main goal is to export product specializations while importing all other products. This should increase global output. The main difficulty in properly globalizing is creating a fair trading ground. The World Trade Organization's goal is to level the playing ground. Recently, the 30-year-old global agreement on textile and clothing export limits expired, leading to a 1000% increase in textiles from China. China can offer their products at lower prices which undercut US products. Globalization has tragic short term results, but in the long run will benefit all.