Some people think the spread of multinational companies and globalization produce positive outcomes for everyone. Do you agree or disagree with the statement?

There is currently a contentious argument over whether the expansion of international businesses and
globalization
bring benefits for all the people or not. I totally disagree with
this
opinion due to a vast range of reasons and some of them will be addressed in
this
essay. The main reason why I believe that
this
issue has many negative impacts on some individuals is that
globalization
has a substantial bad effect on the local companies. It is a fact that regional firms are disappeared under the intense pressure of competitive market which has been provided by large international companies.
Therefore
, a significant number of employees lose their career and their lives are affected seriously.
For instance
, in Iran, more than 2000 local corporations have been disappeared in the recent 5 years due to going bankrupt in
this
competitive situation. Another reason why I strongly dispute
this
notion is based on the fact that one of the most obvious results of
globalization
is destroying the local cultures. Nowadays, tourism can generate enormous amounts of income for domestic communities,
nevertheless
, developing new equal multinational companies are destroying the unique cultures.
Consequently
, the domestic individuals do not have these pivotal sources of
incomes
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income
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any more
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anymore
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and
Correct article usage
apply
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the
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they
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are financially impacted by
this
problem.
For example
,
the
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a
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recent study in Iran indicates that the average regional profits of tourism
has
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have
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decreased by 40 per cent in comparison with 5 years ago. In conclusion,
although
it is a common belief that
globalization
and expanding multinational
corporation
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corporations
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are productive for all the populace, I completely disagree with
this
idea because local firms and
also
tourism as incomes resources are badly affected by
this
issue. Given
this
situation, it seems that giving some
subcidy
Correct your spelling
subsidy
to small businesses and helping the cultures to remain can be practical.
Submitted by elnazkarimi1386 on

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