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.