Write An Essay About The Advantages And Disadvantages Of Globalization

Globalization as basically means that countries join to each other through politics, economics, education and society (Pervez, Sultan, Akram & Khan 4). Also considering their selves not from a specific country or nationality but considering the world as a global village. Globalization connects people and governments from different parts of the world easily. But on the other hand, by immigrating to the other countries people lose their ideas, culture, and sets of beliefs by adapting to other cultures. As globalization has it’s advantages and disadvantages both, but its positive affects are beneficial to the global world and thus people support the idea of globalization such as; the positive effects of globalization on economy, culture and education and the negative effect of economy on environment (as pollution, unemployment and child labor) and finally its benefits.

As globalization has its advantages in many different fields, but the most important is education and culture that is directly related to the

Dangerous diseases are rapidly increasing due to the sick people’s travels to the other countries, such as Aids. Financial globalization has its positive as well as negative effects on today’s world. The most effective disadvantages of financial globalization is that; it causes unemployment in the industrialized countries where these countries move their factories to cheap labor countries where they get to pay less to the labor, globalization also affects the economy of the country and leads to financial crisis in the market. Thus, besides it has its good points and benefits, globalization has its bad effects on the financial and economical status of the countries as well it leads to financial crisis and economy damage (Pillai