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Get Full Essay Get access to this section to get all help you need with your essay and educational issues. Get Access What are the positive and negative effects of globalization? Essay Sample Globalization is a concept used to describe the changes in society and the economy in the world.
It was created by the growth of linkages and exchanges between countries, organizations, or individuals in the cultural, economic, and social on a global scale. Nature of globalization is the extended the market beyond national borders Angus, The first wave of globalization is from to It is marked by the fact Christopher Columbus discovered the Americas and the development of colonialism in the world.
The second wave of globalization is from to It is marked by the first industrial revolution in England.
It confirms the dominant role of transnational corporations in the global economy. From to now, the extensive development of biotechnology, information technology, and electronics has created the third waves of globalization and narrows the gap between countries in the world business.
It is not only limited in economic, political, but also extends to aspects of culture, society and way of life. Globalization offers the world including developed countries and developing countries have strong impacts.
Not only are the positive effects but also negative effects. On the negative aspect, globalization has increased the development gap and disparity between rich and poor.
We have a large polarization between rich countries and the poor countries with the extreme difficulties to the extreme and the debts piling inability to pay. The developing countries and less developed countries suffer more challenging due to issues of globalization poses than developed countries.
The rise of inequality and social injustice caused discontent in the country and the poor class. It is the result of the increase of civil war, economic collapse and a wave of protest globalization asa, n. Globalization also increases the social evils in the world.
All make up loss social stability Prabhkar, The life of human, the family, the country and the world becomes less secure in economic, financial, cultural and social.
Besides, culture is also affected strongly by globalization. The spread powerful of multicultural, especially Western culture creates challenges for the culture of the ethnic and social stability. It is a loss of cultural identity of each country because of assimilation, and hybrid grocery.
When the traditional culture is diluted and assimilated into global culture, it makes social degradation. Moreover, when economic globalization development, environmental and ecology issues is imperative problem for the world. Global ecological threats are increasing such as the air is polluted by exhaust fumes and chemicals, along with the destruction of forests and natural resources.
It created the climate warming, greenhouse effect, desertification, etc. Furthermore, globalization is causing a challenge to the independence and sovereignty and eroding the power of the state in each country asa, n.
However, we also cannot deny the positive that globalization brings to the world. Globalization promotes economic liberalization and economic growth in the world.
International trade is increasing at high speed. Moreover, it is increasing competition between economies, businesses and countries. They improve and enhance actively the product quality with competitive prices to survive in the market in the world Arjun, This brought great benefits to consumers; they have more opportunities to reach out to the products of different countries.
Moreover, employment opportunities for the workforce were expanded when the employee may work in the foreign countries with high salaries than their country.
Besides, globalization has increased foreign capital flows with the opportunities for developing countries to attract direct investment from foreign countries to develop their economies Arjun, Besides, it makes increasing transnational flow of data through the use of technology such as Internet, satellite communications, telephone, etc.
Along with the spread of culture, the country can combine harmoniously between the modern and the tradition.
On the basis of preserving national cultural identity, preserve the essence of national culture, absorb the essence of world culture, and localized them to enrich national culture.Globalization from the point of view has positive effects as well as negative effects.
It has increased the access of higher education example universities and reducing the knowledge gap in developing countries, it equally has negative aspects which can seriously threaten universities in those countries.
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Globalization or globalisation is the process of interaction and integration between people, companies, and governments schwenkreis.comization has grown due to advances in transportation and communication technology.
With increased global interactions comes the growth of international trade, ideas, and schwenkreis.comization . Positive Aspects of Globalization Name Institution Date Amartya Sen and globalization Amartya Sen (), looks at the history of globalization, pointing out that it started in the East and moved to the West with the spread of science, and technology from the East to the West and back to the East.
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