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Essay Advantages And Disadvantages Of Globalization

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OPINION :- According to my perspective I think the advantages of globalization are greater than its disadvantages. One of the drawback of globalization is that in globalizad nations people are more connected and attached; this increases the risk of diseases. We cannot neglect this problem but we can find possible solutions for it. One of the benefit of globalization is that it helps poor countries to achieve faster economic growth and reduce extreme poverty. As a rusult the load of the benefits of globalization are heavier than its drawbacks. INTRODUCTION :- Globalization is a powerful aspect of the new world system, and it serves as one of the most dominent forces in determining the future course of the planet. It has manifold dimensions: …show more content…

Globalization encourages producers and consumers which developes nations economy.Globalization has increased the free trade between countries. It has increased in capital liquidity which has allowed investors in well developed nations to invest in developing countries.Globalization contributes to the spread of technology.The benefits of science and technology have reached every corner of the world. People around the world are connected through mobile phones and internet technology. Globalization strengthens relation between nations.Globalization broadens our minds. We feel that we belong to one world and we are a part of one nation.Globalized nations have closer contact with foreign people which make us quite familiar with their manners, habits, and customs. The cultures become richer as they come into contact with each other.Globalization help us to shake off narrowness. Because of globalization we get the chance of comparing our country with other countries. In this way, we enrich our manners, customs, and habits.Globalization help us fight illiteracy and promotes education. It gives us clear knowledge of facts and things.Globalization help us shed or combat the burning social issues such as child-labour etc.Globalization has helped the global community to fight against poverty. Large non-profit and charitable organizations have launched massive campaigns to fight hunger and poverty. They have successfully done huge fund-raising in this regard. According to the benefits of globalization the life of human beings become global and we have a global outlook on

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