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Band 5

What are the merits and demerits of globalization on developing nations?

#merits #demerits #globalization #nations
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Although
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globalization
Use synonyms
 has open the door of the developing countries towards prosperity, along with it has brought few misfortunes which
has
Suggestion
have
 to be dealt with.
This
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 essay
firstly
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 will talk about the benefits of
globalization
Use synonyms
 and in the later part will discuss the cons of it.
To begin
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 with,
globalization
Use synonyms
 has helped improve
trades
Suggestion
trade
 and ties not only with the
neighboring
having a common boundary or edge; abutting; touching
neighbouring
 countries but
also
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 across the
world
Use synonyms
. Since the beginning of the global era, nations
started
Suggestion
have started
 to participate in bilateral and multi-lateral trades
thus
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 improving their GDP and growth in revenue.
For example
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, developing nation like India are attracting top notch companies of the
world
Use synonyms
 to come and set-up their branches in India, which will help
in
Suggestion
with
 more job productions. Even-though India has been importing goods from other countries, in the recent past its export had risen drastically which consists of products made in India.
On the other hand
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, along with
globalization
Use synonyms
 has
come their side
Suggestion
come to their side
 effect which resulted in
loss
Suggestion
the loss
 of our traditions as well as culture and people started to glamorize the western
world
Use synonyms
, while discontinuing with their thousand year old civilization. As more people started following the western
world
Use synonyms
, they became more distant from their own roots.
For instance
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, people working in IT companies in India stared celebrating Halloweens and thanks-giving and not focusing towards their own festivals.
Also
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 a sudden rise in the attitude of
younger generation
Suggestion
the younger generation
younger generations
 towards their parents and elders reflects a direct effect of the western culture, if not address in time might be out of control in
future
Suggestion
the future
. To conclude, I would state that
although
Linking Words
globalization
Use synonyms
 has helped in nation building, but has distant its citizens from its root.
Submitted by Bikash Dutta on

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