At independence, Singapore had a work force of three million people and a large proportion of them were unemployed. More than two-thirds of the city-state's population lived in slums and squatters. (Zhou) It lacked natural resources, sanitation, adequate infrastructure and adequate water supply. Then, former Prime Minister Lee Kuan Yew attempted to seek international aid, but to no avail, leaving Singapore to extricate itself from its unfavorable situation. Learning from Israel's ability and success to bypass its boycotting Arab neighbors and trade with Europe and America, Singapore knew we needed to connect with the developed world and convince their multinational corporations to invest in Singapore. It was during this time that globalization was experimented with and was officially adopted as one of the state policies in Singapore. With the adoption of globalization, it has broken down borders and facilitated the flow of messages, ideas, labor and goods. However, interdependence has also led to an increasingly blurred identity and many other impacts following a nation-state have been ignored. Therefore, although it is undisputed that economic prosperity is the result of a globalized economy (The World Factbook), we must ask ourselves a question. Economic wealth at what price? Are we willing to give up our national identity, cultures and values ​​in exchange for a higher gross domestic product index every year? A recent Gallup report shows that Singapore's affluent population is the most unhappy, compared to the populations of Iraq, Haiti, Afghanistan and Syria. (Hoegberg, 2012) Maybe money can't really buy happiness. In this article I will argue that du...... middle of paper ...... and a choice how far would we go to get what we want, especially economically considering the fruits that Singapore harvest each year. So, some of the policies put in place by the government in the best interest of our economy when implemented should be revamped. An example would be the immigration policy that allowed for the many foreigners we see today. These policies need to be carefully considered and refined to address social and cultural issues that may arise. To ensure that a country is prosperous and its people are happy where they live, we must balance three aspects: economic stability, social and cultural aspects. What we need is not a house but a place to call home. With these three factors taken into account, Singaporeans would then feel a sense of belonging and benefit from the benefits brought by globalization..