'the world has become a village.' share your views ....
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It is undoubtedly true that the world today has become a global village. Although this trend has some advantages, I would argue that there are also some disadvantages.
On the one hand, globalization has several of positive sides. Firstly, with the improvement of transportation and telecommunication, including the rise of the internet, business is becoming increasingly international and multinational companies do business across the world; companies like Macdonald’s can be seen on high streets in most cities. Secondly, global economy means free trade between countries. This can strengthen political relationship. Now goods are produced in one country and sold in many countries. Finally, it encourages investment in developing countries and it could reduce poverty in developing countries.
On the other hand, some people would argue that globalization is not always beneficial to everyone. People often have this opinion because it can also lead to unemployment and exploitation. People now have more choices ever than before. Therefore, Companies move to countries like China or India where labor is cheap to compete in the world market. All jobs are going to India or china. As a result, this creates redundancies or job loss. Employees cannot be confident that they have stable job. Some companies exploit their employees in developing countries. Salaries paid to the employees are low and working conditions are often poor. It is often argued that global trade also creates excessive waste and pollution.
In conclusion, it seems to me that the benefits of globalization outweigh the drawbacks.
On the one hand, globalization has several of positive sides. Firstly, with the improvement of transportation and telecommunication, including the rise of the internet, business is becoming increasingly international and multinational companies do business across the world; companies like Macdonald’s can be seen on high streets in most cities. Secondly, global economy means free trade between countries. This can strengthen political relationship. Now goods are produced in one country and sold in many countries. Finally, it encourages investment in developing countries and it could reduce poverty in developing countries.
On the other hand, some people would argue that globalization is not always beneficial to everyone. People often have this opinion because it can also lead to unemployment and exploitation. People now have more choices ever than before. Therefore, Companies move to countries like China or India where labor is cheap to compete in the world market. All jobs are going to India or china. As a result, this creates redundancies or job loss. Employees cannot be confident that they have stable job. Some companies exploit their employees in developing countries. Salaries paid to the employees are low and working conditions are often poor. It is often argued that global trade also creates excessive waste and pollution.
In conclusion, it seems to me that the benefits of globalization outweigh the drawbacks.
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It is true the world has become a global village. As a result of globalization the world has had diverse changes that have been happening to . globalization has come along with positive impact and also negative impacts at the same time. It has lead to the development of market places in the world where one can produce goods in one country and sell them in another country in a easy way. It has also led to the easy communication when people are far from one another. CMM
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