Impact Of Technology On Globalization Essay
Undoubtedly, globalization has provided a humungous amount of benefits to developed, developing as well as under-developed nations; however, there are some disadvantages as well.
Teenagers and adolescents follow their favorite celebrities and imitate their lifestyle, the way of dressing and habits.
To expand their business, Multinational Companies (MNCs) set up their offices in different countries, which increases the employment and development rate of the nations, in which MNCs set up their business.
Secondly, globalization has transformed the entire world into a global village.
This widely accepted definition shows the way in which globalization today connects the cultures and communities in one corner of the world to development occurring in another country.
Even though globalization affects the world’s economies in a very positive way, its negative side should not be forgotten. To begin with the negatives of globalization; first of all, expansion of media has resulted in generation gap as well as cultural shock.
I will discuss the advantages and the disadvantages of globalization in the following paragraphs.
Governments and natives should see the benefits of globalization and work wholeheartedly to transform its negatives into positives.
Free 3000 words Globalisation Essay: The concept of globalization is currently a popular but very controversial issue, and has been one of the most widely debated issues since communism collapsed.