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The Benefit Of Globalization

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A Toyota car is made by a Japanese corporation but it is not fully produced in Japan. For example, the front of the car is produced in England, the engines are produced in Japan, the tires in China and the headlights are from France. That is the definition of Globalization. Globalization is when the world, or parts of the world come together from different nations and countries to produce or improve something. Through globalization different areas in the world come closer together and an active change of goods between the countries take place, which means more affordable products for people. However, not only does globalization help with exchange of products and economics between countries, but also through globalization, different countries …show more content…

As much harm as globalization does, it also helps the world in a variety of ways. For starters, globalization reduces international poverty. Since globalization is the exchange of goods between different countries in the world, naturally, a company would want to open another branch in different areas in the world, therefore offering more job opportunities and reducing poverty in the world. So everyone wins, the business expands throughout the world, and people have a chance of building a life for themselves and for their families. Globalization also helped in the expanding the way technology works. We are in the twenty first century, everything is evolving around us, and I like to believe that globalization helped in the advancement of technology in a variety of ways. Not only by expanding business in different areas of the world did globalization help improve technology, but also through globalization, different countries accepted and adapted the services, knowledge, cultural goods and even languages of other countries, therefore making people more aware of their surroundings and helping them open their minds, which makes people believe they can achieve and improve anything in the world. Globalization also helps build stronger trade ties and dependencies between nations. As more businesses trade and exchange goods, the nations and countries become more dependent towards each other. Together they help improve the product or service they are offering to the world, and as a result strong bonds are made between the

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