To expand their business, Multinational Companies MNCs set up their offices in different countries, which increases the employment and development rate of the nations, in which MNCs set up their business.
Secondly, globalization has transformed the entire world into a global village. Earlier, the thought of traveling from one city to another used to traumatize the people, but now a person can complete a journey of thousand miles in just a few hours.
After analyzing the benefits as well as the drawbacks of globalization, it can be concluded that although globalization has resulted in some disadvantages, yet its benefits can never be ignored. Governments and natives should see the benefits of globalization and work wholeheartedly to transform its negatives into positives.
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The model answer for Globalization Essay Write about the following topic: Liked our Article, Share it:. In the current years, the world has been visualized as being a global village, where the interactions of the people in the world, has been of equivalent to the interaction in one village or locality.
Almost all parts of the world are interconnected to the rest of the world in different ways. Barriers, which initially isolated countries, have been removed. In the recent times, higher levels of integration have been achieved.
Initially, countries only integrated economically. This is now outdated. Other areas of human life have also been put in the circle of integration. This is commonly referred to as globalization Ghauri Globalization is the process by which countries, economies, and regions have been integrated in a global network.
In the past, globalization primarily used focus on the part of the world involving economy. Only factors of the economy were considered as an important part of the globalization. Foreign investment and international flow of capital and trade were held high in the globalization chart.
The range of globalization has been broadened to bring in other activities and areas such as sports, media, socio—culture, technology, and politics. Biological factors such as environmental and climatic changes have also been regarded highly. Various factors have played important roles in making globalization a success. Effective communication across the world has been a major contributing factor.
Costs of communication have reduced drastically, leading to enhanced communication. This has been facilitated by the growth of information technology since it has enhanced the communication process.
Transportation network and immigration links has also been cited to be critical in globalization Ghauri As indicated, globalization has various effects. It has played a major role in the current development in the world. One of the main areas that globalization has affected greatly is the environment. The environment encompasses living things and non-living things on the surface of the earth. It also comprises of the non-living things that have been put in their place by activities of human beings.
Globalization has affected the environment both positively and negatively. This paper will examine both positive and negative contributions of globalization to economic, social, political, and biotic environment in the world.
Globalization has caused increased consumption of different products. This has led to increased production of goods and services in order to satisfy the global market.
This has increased the stress on environment, which impacts the cycles of ecology. Globalization of trade and market has also led to increased transportation of finished goods and raw materials across the world. Fuels used in transportation of these goods have increased the levels of pollution to the environment. Transportation across the world has also resulted in other environmental predicaments such as the intrusion of landscape and noise pollution.
Depletion of non-renewable energy sources such as gasoline has also brought environmental concerns. Aircraft transport, which is an important part of global transportation, usually emits gases, which results in depletion of the protective ozone layer. This has caused the greenhouse effect, which has brought about negative climatic changes.
Plastic, a major pollutant, is an important part of manufacturing. Plastic is commonly used for preserving and packaging goods for export and since it is a non-biodegradable, it forms a large part of environment toxic pollutants Labadi
The Globalization of Nestle - Globalization is the dominant force by which the world has become interconnected significantly as a result of extremely increased trade and decreased cultural differences.
Globalization is a process and this process makes developments in these countries. First of all is the independence of each of developing countries. The development in industry, economy, culture and polity gives solutions to social problems.
Impact of Globalization on Trade and Employment. Globalization is the process by which the world is interconnected through technology and powerful infrastructure for the purpose of communicating and managing resources. Globalization seems to talk about several vibrant phenomena which ensure two major components. Essay globalization 1. GLOBAL INTEGRATION: ADVANTAGES AND DISADVANTAGES Globalization is the process by which different societies, cultures, and regionaleconomies integrate through a worldwide network of political ideas throughtransportation, communication, and trade.
Write about the following topic: Even though globalization affects the world’s economies in a very positive way, its negative side should not be forgotten. Discuss. . Globalization is the process by which countries, economies, and regions have been integrated in a global network. Countries’ economies, cultures, and societies have been placed in the global networks of communication, trade, transportation, and immigration.