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

In
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today's
today
todays
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today's
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world,
transfer
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the transfer
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of technology is being adopted widely.
Globalization
is one of the main
reason
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reasons
show examples
behind
this
varied
acceptence
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acceptance
and it not only promotes technology
,
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apply
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but
also
acts as
inter-connection
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an inter-connection
show examples
between nations of the world; economically, politically, statistically, culturally and in
plethora
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a plethora
the plethora
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of ways which will be discussed in
this
essay.
To begin
with,
globalization
has many advantages as it is playing a key role in promoting the growth of a country by means of technology transfer and cultural aspects which are been
accepting
Wrong verb form
accepted
show examples
by other nations of the world very quickly.
Thus
, by the exchange of goods and services,
the
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apply
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economic growth
also
improves.
Furthermore
, the major exports and imports of the developing and
under developed
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underdeveloped
show examples
countries
, GDP will be increased.
For instance
, India, which is regarded as a developing country, had invented
vaccine
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a vaccine
the vaccine
show examples
for the COVID-19 during the pandemic and exported the medicine to the needy
countries
in thousands of
doasages
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dosages
,
thus
, it has given competition to many developed
countries
in the medical market and opened gates to its international medical trade.
On the other hand
, we should
also
accept the disadvantages of
globalization
also
.
However
, the developed
countries
are
provoiding
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providing
many employment
oppurtunities
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opportunities
to many people from the Asian
countries
to
a
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apply
show examples
cheaper compensations, which, affect the jobs of their own people.
Eventhough
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Even though
, the western culture is accepted by many people, the culture and heritage of their own country
is
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are
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getting
vansihed
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vanished
. The international trade
also
carries many new diseases which are epidemic to other
countries
where there
is
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are
show examples
no proper
quarentine
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quarantine
facilities in
under developed
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underdeveloped
show examples
countries
. To conclude, these are the pros and cons of
the
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apply
show examples
globalization
, where it is necessary to all nations but proper steps to be taken
carefully
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care
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by the government while implementing certain aspects
,
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apply
show examples
so that
under developed
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underdeveloped
show examples
countries
may not
affcet
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affect
much.
Submitted by shailjameel2410 on

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