Compare and contrast the positive and negative effects of globalization in our modern world.
Answers
Answer:
Globalization is the trend wherein the internet and media have allowed for cultures, products, and ideas to spread throughout the world without impedance. There are many positives and negatives to this trend.
Positive:
People are able to connect with one another over long distances more easily.
Businesses are able to sell products and services with ease throughout the world, regardless of their footprint.
People are more able to learn about other cultures and come to a more holistic view of the world.
Negative:
There is potential for negative ideas to spread rapidly throughout the world, such as violence and hatred.
People can rapidly become dissatisfied with their own lives or nations because they are more likely to only see the positive aspects of others' lives or nations.
Larger companies are able to take advantage of the global market and dominate more easily, pushing out small business owners and preventing the distribution of wealth.
Answer:
Globalization is the trend wherein the internet and media have allowed for cultures, products, and ideas to spread throughout the world without impedance. There are many positives and negatives to this trend.