Globalization has brought about more positive economic impacts than negative ones. To what extent do you agree with this statement?

While some individuals think that globalization improves the economical situations of the

world

compared to the negativities it promotes. I completely agree with

this

statement. Globalizing

develops

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develop

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the economy by creating trade opportunities. As the

world

is now become

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now becomes

has now become

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a global village, it initiates many ways of trading by providing

the

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apply

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easy access to the countries. Unlike past, at present, people travel abroad easily, acquaint with vibrant customs, and find out

demands

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the demands

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of products to import overseas.

Moreover

, tax and

tarrif

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tariff

of importing goods are

also

reduced considering the inter-relationship between the

nations

.

Thus

, the states

becomes

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become

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connected together and blooming the businesses, which is gradually rising

the

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apply

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financial stabilities.

For example

, currently,

Maldives

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the Maldives

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, one of

coastal

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the coastal

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nations

has earned

maximum

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a maximum

the maximum

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of their GDP through tourism;

this

become possible because of the frequent entrance of the foreign

travelers

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travellers

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to their spots.

Nevertheless

, many

nations

are losing their heritage because of

this

trend. Frequent travelling overseas, availability of satellite channels, and using

internet

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the internet

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in some cases are changing peoples' sense to adopt other's culture

instead

of following their self norms.

Therefore

, with the progress of time, all the states are getting alike and reducing diversity. If

this

trend is continuing with

such

speed, very soon the

the

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world

will

lost

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lose

be lost

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its

veriety

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variety

and become mundane. Despite these, following good habits regardless of self traditions is appreciable because it will help the

nations

to survive conveniently in the competitive

world

. In conclusion, people have contrasting views, whether being a global village is financially

benificial

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beneficial

or drives negativities in the earth. In my opinion, globalization is a thread for the sustainability of

own

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its own

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culture, its positive impacts outweigh the cons.