Countries are becoming more and more similar because people are able to buy the same products anywhere in the world. Do you think this is a positive or negative development?

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There has been a growing concern about the similarity amongst countries
as a result
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of
globalizationwith
Suggestion
globalization with
goods and services being bought in any part of the world. Many people opine that globalization could cause detrimental effects, while others disagree
on
Suggestion
with
this
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view. In my opinion, I am firmly convinced that
this
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trend has both advantages and disadvantages. There are several important benefits
for
Suggestion
of
a certain country when it comes to the free flow of products. One of the most significant impacts is that consumers are given more choices as the flow of goods and services is made easier than before making
acess
the right to enter
access
to products more ready and available to shoppers.
For instance
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, a man might buy sufficient furniture for his home online
instead
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of moving from place to place.
Furthermore
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,
this
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trend has a significant positive effect on the national economic development. In fact, tariffs
such
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as car or luxury item taxes would help improve the revenue for a country.
For example
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, a Vietnamese buying an American car could at the same time contribute a certain amount of tax money to the nation.
Although
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it is undeniable that
globaliztion
growth to a global or worldwide scale
globalization
globalisation
has some advantages, there are two major drawbacks of
this
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situation. Apparently, local companies could go out of business due to the increasing number of multinational corporations breaking into the market.
In other words
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, there would be higher
competion
a business relation in which two parties compete to gain customers
competition
compression
compassion
for domestic manufacturers. Not only local business, but
also
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the cultural beauty could be affected. Indeed, fast foods, movies, cars or cosmetic are usually the ideas of foreigners, which are very attractive to people with
xenophilia
Suggestion
Xenophilia
trait, making a person alien to his or her traditional culture. All things considered, I firmly believe that there are both good and bad things when it comes to the impact of globalization. Governments together with companies should do their parts to make sure positive developments outweigh
negative ones
Suggestion
the negative ones
.
Submitted by nthdung98 on

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Topic Vocabulary:
  • globalization
  • diversity
  • homogenization
  • cultural assimilation
  • global connection
  • local businesses
  • economic impact
  • consumerism
  • standardization
  • westernization
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