Writing Feedback / Intro Paragraph of a Pros and Cons of Globalization essay help [2]

writing about globalization

In the country of Bangladesh people in poverty are working hard to earn a mere 1/50 of the wages workers are paid in the U.S.A. Meanwhile, in America, thousands of people easily access the goods created in Bangladesh and other developing countries. For decades people around the world have been trading goods and services for both positive and negative effects; this is known as Globalization. In both developed and developing countries, globalization has caused a shift in the number of jobs available, promotes interdependence and world peace, but also allows unsafe working conditions for people making the goods we receive.

I would like to hear some thoughts on how I could improve this starting paragraph please. The information/statistics in this is only from the sources our teacher allowed us to use and I am absolutely not an expert on writing or globalization so help would be very much appreciated. Also, does globalization need to be capitalized?