discuss the positive side and negative side of large production
Answers
#Positives of large production
1. Developing countries get benefits from it through lead themselves towards economic success and ultimately achieve better standard of living as well.
2. It boosts the ongoing competition between countries all over the world as well as within any particular country.
3. Increased media coverage helps in drawing attention towards those parts of the world where human rights are violated for the benefit of the rich and powerful. This leads to improvement in human rights.
4. It increases exposure in the form of food, movies, art, music, clothing, culture, etc. This is a great way of forming closer bonds with the rest of the world.
5. It leads to a sense of competition in others; hence helping in keeping the prices of commodities under check during all times.
6. Developing countries can use existing technologies without the stress of developing any particular technology.
7. It helps in bringing different governments together so that they can work together towards achieving common goals; which is a great way of spreading global awareness regarding common concerns and issues.
#Negatives of large production
1. It is widening the gap between the rich and poor; where rich people are becoming richer and poor are becoming poorer.
2. As a result of outsourcing, globalization may deprive an entire country of its jobs and resources. This is because globalization takes jobs away from one country and provides it to another country; hence leaving lots of people without the opportunities that they deserve.
3. Although people belonging to different cultures and countries get a chance to interact with each other, it causes a loss in tradition and values.
4. As species are deprived of their non- native ecosystems, there are increased chances of them spreading diseases and disrupting other natural ecosystems and their native species.
It is very important to strike balance between the positives and negatives of globalization so that balance can be restored in nature and its living species.
Explanation:
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positive effects
It would be rather difficult to discuss the extent of the positives that globalization has had on the world at large. But still, here are some of the positive effects of globalization and the positive impacts they have had on so many demographic segments of society
negetive
Globalization also have its side effects to the developed nations. These include some factors which are jobs insecurity, fluctuation in prices, terrorism, fluctuation in currency, capital flows and so on.