Even though globalization affects the world’s economies in a very positive way, its negative side should not be forgotten. Discuss.

a commonly used term in the twentieth 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
has resulted in both positive and negative effects which must be addressed
To begin
has contributed to the world’s economies in many beneficial ways. The advances in science and technology have allowed businesses to easily cross over territorial boundary lines.
, companies tend to become more productive and
competitive thereby
Accept comma addition
competitive, thereby
raising the quality of goods, services and the world’s living standard.
, several companies from the more developed countries have already ventured to establish foreign operations or branches to take advantage of the low cost of
a social class comprising those who do manual labor or work for wages
in the poorer countries.
kind of business activity will provide more influx of cash or investment funds into the less developed countries.
, one cannot deny the negative effects which have derived from
. One crucial social aspect is the risk and danger of epidemic diseases which can easily be spread as the transportation becomes easier and faster in today’s advanced society.
is evidenced in the recent
flu disease which has infected most Asian countries over a short period of time. As large corporations
invest or
someone who commits capital in order to gain financial returns
take over many offshore businesses, a modern form of colonization will
evolve which may pose certain power pressure on the local governments of the less developed countries. Unemployment rates in the more developed regions
as Europe may
escalate as corporations choose to outsource to the cheaper work force from Asian countries. In conclusion. I like to reiterate that
is inevitable and we must urge individuals, companies and governments
to use
a more balanced approach by taking the appropriate steps to deal with matters relating to the financial or
gains verses the social, political or ecological concerns of the world.

Fully explain your ideas

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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
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