Essay about globalization advantages and disadvantages

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Essay about globalization advantages and disadvantages

Globalization is such a commonly used term in the century. It simply means that the world has become integrated economically, socially, politically and culturally through the advances of technology, transportation and communication.

It is undeniable that globalization has resulted in both positive and negative effects which must be addressed accordingly. The advances in science and technology have allowed businesses to easily cross over territorial boundary lines. Secondly, several companies from the more developed countries have already ventured to establish foreign operations or branches to take advantage of the low cost of labor in the poorer countries.

This kind of business activity will provide more influx of cash or investment funds into the less developed countries. However, one cannot deny the negative effects which derived from globalization.

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This is evidenced in the recent birds flu disease which has infected most Asian countries over a short period of time. As large corporations invest or take over many offshore businesses, a modern form of colonization will also evolve which may pose certain power pressure on the local governments of the less developed countries.

Unemployment rates in the more developed regions such as Europe may also escalate as corporations choose to outsource to the cheaper work force from Asian countries.

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Seems worthy of Band 7.Advantages And Disadvantages Of Globalisation Economics Essay. Print Reference into increased income for developing countries and serves as an opportunity to stabilise their economies by taking the advantages of trade. If you are the original writer of this essay and no longer wish to have the essay published on the UK Essays website.

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Inspiration Social Studies Lesson Plan - This activity engages students in the topic of globalization, which is transforming world production and consumption habits and receiving a lot of attention as a result.

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IELTS Essay, topic: The advantages and disadvantages of globalization | IELTS-Blog

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Globalization lets countries move closer to each other.

Essay about globalization advantages and disadvantages

People, companies and organizations in different countries can live and work together. We can exchange goods, money and ideas faster and cheaper than ever before. Modern communication and technology, like the Internet, cell phones or satellite TV help us in our daily lives.

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