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Implication Of Globalization Essay

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Globalization is one of the most popular concepts that have taken the world by storm in the past few decades. Globalization can be defined as interdependence in terms of politics, economics, culture and technology. It is a worldwide process that interconnects people from every part of the globe, thus making the world a global village. The term first came into being since the countries started to cooperate with each other. But in the 1970s, liberalism brought this process to an unprecedented level. The main aim is to create a ‘borderless world' where the entire population can enjoy the resources, but how much has been achieved is debatable. In terms of a world economy, the ‘Global market' is a common feature now. Products from all over the …show more content…

Globalization has also taken into account individuals to have the capacity to achieve products and administrations not already accessible. You can discover Coca-Cola, McDonalds, and KFC in most significant urban areas all through the world. Globalization has permitted individuals to get comfortable with the way of living of different nations taking into account a more prominent comprehension. While globalization opens entryways it additionally prompts mixing of societies and the disintegration of remarkable social contrasts. The negatives of globalization incorporate hole in the middle of rich and poor, decrease in the individual sway of a country, natural contamination and powerlessness of all parts of the world enduring with subsidence in different nations. With its pros and cons, no one can escape the fact that globalization is a universal process and it will continue to prevail. The question is how to make the whole process transparent in order to provide equal opportunities to everyone. Controlling anarchy is another important issue to take into consideration so that human rights can be preserved. With efforts and attempts to restore peace and harmony, the process of globalization is all ready to change from ‘world's nightmare' to a dream come

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