Pros and Cons of Globalization
Globalization has made the world a smaller place. As with everything el, it has its advantages and disadvantages. Globalization refers to the abnce of the walls that every country had, bad on suspicion, mutual distrust and ambition. Different countries were in fact different worlds, and therefore, could never manage to deal with natural disasters, deadly epidemics, etc., which challenged us.
Globalization has strengthened the nexus and has helped us know each other's needs in a better way. It has helped demolish tho walls that parated us and curbed our natural identity of being fellow human beings. Globalization has primarily become a fiscal term but its impact is not limited only to the economy of the countries, the term globalization actually refers to every aspect of life-like cultural, social, psychological and of cour, political.
Globalization - The Iceberg政策试点
温柔的保姆It is true that the impact of globalization is only visible on politics and the economy of countr
ies, but its effect on the mindt and culture is noticeable gradually in the way people think and react. It's like the Iceberg theory wherein what we do and say are at the tip and what we think and believe is at the ba. The ba is not visible but manifestations at the top are conspicuous. It also applies here where people do not change abruptly, but may be after a decade the change starts showing.
World During the Pre-globalization Era
Globalization is not a new phenomena, the eds were sown long back when the Dutch East India Company and the British East India Company started trading with India. In history, there were trade relations between different countries like Arab and Egypt, and now in modern times, that has translated into Globalization or Free Trade. It's true that ultimately all the free trade resulted in the white man taking the burden proactively, but then globalization leads to more employment and higher standard of living, especially among developing countries. Theories suggest that globalization leads to efficient u of resources and benefits all who are involved.
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According to libertarians, globalization will help the world to deal with cris like unemployment and poverty. It will help us to rai the global economy only when the involved power blocks have mutual trust and respect for each other's opinion. Globalization and democracy should go hand in hand. It should be pure business with no colonialist designs. The way we have developed in the last 10 years, globalization ems to have given us good returns. Globalization has made the life of the third world citizen a completely different story. There are so many foreign companies that have made way to Orient and have made India a brand name all over the world.
Advantages of Globalization
眉心竖纹Globalization creates a worldwide market for the companies and for the customers. There is a better access to products from different countries.
Becau of globalization there is a steady cash flow into the developing countries, which gradually decreas the dollar difference.
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Due to the prence of a worldwide market, there is an increa in the production ctor and there are lots of options for investments for different companies.
Gradually a world power is being created thanks to globalization, instead of compartmentalization of power ctors. Politics is merging and decisions that are being taken which are actually beneficial to people all over the world.
Along with globalization, cultural intermingling increas and every nation tries to know more about the other nations cultural preferences. In this process, we are actually coming across things that we like and in the cour of time adopt it.
The influx of information between two countries increas, especially tho nations who do not have anything in common between them.
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Since globalization means we share financial interests, corporates and governments are trying to sort out ecological problems for each other.
Globalization has made us more socially open and tolerant towards each other and the
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who live in the other parts of the world appear more approachable than before.
There is a lot of technological development that countries have undergone over the years. Thus, helping share information faster and easier. This helps most of the developing nations progress at the same speed as the developed nations.
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Globalization helps in increa of demand of products. This in turn increas rate of production. Manufacturers find this profitable and this helps in increasing the number of jobs.
Globalization makes the economy of one country dependent on the economy of the other country. Any change in economy of one country will affect the other. Thus, governments become more concerned about one another and try to curb the economical imbalance between them.
