Globalization

Globalization is a progress used to describe the developing of the economy and the culture. It has sparked the amazing change of the past decade. This is as a result of improvement in technology and communication and the influence of people’s experience of everyday life all over the world.

Supporters point to better products are more effective to produce and therefore cheaper for everyone. Many poor counties have benefited from investment under the globalization. It means a faster rate of development for the whole world. Indeed it also connects people by means of communication and offers them opportunities for travel work and education.

Critics of globalization have argued that the process benefits the rich nations, who control prices, who influence the economies. It has exploited people in developing countries, caused massive disruptions to their lives and produced few benefits in return. It simply means sweatshops in poor countries so that rich countries can have cheap goods. It will lead to widen the gap between rich and poor.

In my opinion, globalization makes the world as a smaller place than before. People are now much easier to communicate with others who live in different countries. So globalization has also greatly influenced local cultures and traditions. However, it is only good for those who are already economically strong. There is a lot of inequality involved in globalization and the desire for cheaper products. It also causes the destruction of natural resources and the environment.