Globalization can be delined as the growing integration of economies and societies around the world. For some of us, most visible sign of globalization may be the availiability of products from many differents nations in food stores and shoppings malls.For others, it may be shuttered factories as work once done in the United States moves to other countries. Some of the major players involved in our global wolrd include world tarde organization, Untited Nations, World bank, and the International Monetary Fund. The impact of globalization is visible and its affects the politics and the economy of the country. Globalization will help the whole world to deal with crises like unemployment and poverty. Now there is a worldwide market for the companies and for the people there is more access to products of different countries. Due to the presence of a worldwide market, there is an increase in the production and there are lots of options for the companies now.
Of coarse globalization has a bad side to it. When it comes to globalization, the difference between the rich and poor nation can be a major problem. Globalization has made way for free trade and business and has communication between various parts of the globe. Corporates are building up units in other countries equally well equipped as they have done at their own country, thus transferring the quality to other countries. Globalization hurts poor countries, critics say, because most trade agreements have been written to serve the interests of wealthy countries. Developed nations have outsourced manufacturing. That means less jobs for their people. Other people have to work in poor working conditions and inhumane conditions too. SO ARE U PRO GLOBALIZATION OR CON GLOBALIZATION????
