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Most people accept that we now live in a globalised world but not everyone agrees that this is beneficial. To what extent is globalization a positive or negative development?

#people #world #globalization #development
Globalization means interaction and integration among people, companies, and governments worldwide. It is commonly believed by many that we live in
a globalized world but
Suggestion
a globalized world, but
 some people believe that it is not advantageous to us.
However
, I believe that to a great extent, it is a positive
development
 and to
lesser extent
Suggestion
a lesser extent
 it has some negative impacts.
To begin
 with positive developments, Globalization has increased the job opportunities for young generations.
Further
 multinational companies give us the opportunity to navigate different countries around the globe.
This
Accept comma addition
This, further
further
, helps in exchanging the culture and traditions
with
Suggestion
in
 different countries.
For example
, foreigners working in
USA
Suggestion
the USA
 must be aware that Christmas and Halloween are the famous festival of US citizens and
likewise
 outsiders who work in India knows that Diwali is the national festival of the country. Through globalization, foreign companies contribute to the country’s gross income.
Thus
 it helps in the
development
 of countries.
For example
, the famous Japanese mobile company had recently launched its division in India,
thus
 it will benefit India right from construction till it starts earning revenue. Let us discuss some negative
development
 factors, one of the major negative impact globalization is
loss
used to form the comparative of some adjectives and adverbs
less
 to smaller businessmen’s or local companies. Since everyone wants to work in multi-national company because of better opportunities and facilities, due to
this
 sometimes smaller business faces closure. In conclusion, there are few negative impacts of
globalization
Accept comma addition
globalization, such
such
 as loss of business to local businessmen’s but it has more positive developments
such
 as, more employment opportunities exchange of culture and traditions. Along with that, it contributes a lot towards country
development
.
Submitted by harmankr.sethi on

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