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

#globalization #world’s #economies #side
As the twenty-
first
 century unfolds, the use of the term
globalization
 has become increasingly prevalent. Technology, transportation, and communications advancements have resulted in a global economy, social, political, and cultural interconnection. There is no doubt that
globalization
 has had both beneficial and detrimental effects which must be addressed. On the one hand, it is true that
globalization
 has brought benefits to all countries through the facilitation of international trade, technical advancement, and the advancement of information. Taking advantage of these incentives has helped the country attract innovation and product development.
In addition
, there are growing numbers of entrepreneurs launching their own labels and inviting foreign direct investment, thereby creating more jobs for the country at large. There is no doubt that the positive aspects of
globalization
 will lead to economic growth as a whole.
On the other hand
,
globalization
 is generally beneficial in many ways, but there remains a disparity in terms of growth resulting from the trend, as richer countries benefit more from it than poorer nations. It is
also
 possible that
globalization
 will adversely affect the business sector of other nations that will not be able to compete with multinational enterprises. In the marketplace, small and medium-sized firms will face substantial competition from large corporations.
In addition
, the rise in tourism contributes to a greater possibility of pandemics spreading quickly.
This
 assertion has been proven through the Covid-19 epidemic, which has spread throughout the world.
Globalization
 has proven to be essential to the economic and employment development of developing countries.
However
, it is important that governments and firms take the appropriate steps to ensure that the country is prepared for free trade.
Submitted by thanhannguyen2209 on

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For we to consider an essay structure a great one, it should be looking like this:

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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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