There is no doubt that
globalization
has greatly enhanced people's quality of life. Use synonyms
However
, a growing number of opponents are arguing that It has many impacts which are significantly negative. I partially agree with Linking Words
this
viewpoint and believe that Linking Words
globalization
is a double-edged sword for the Use synonyms
economy
.
There are many positive effects of a globalized market. First and foremost, It has introduced a variety of foreign commodities to the local stores. In Use synonyms
this
way, domestic manufacturers would have to create better products in order to compete. Linking Words
For example
, Apple have been occupying a great share of the cell phone market in China over the Linking Words
last
decade. Linking Words
As a result
of vital competition, various Chinese tech companies have emerged. It is Linking Words
also
worth highlighting that Linking Words
globalization
has caused outsourcing which could lead to more job opportunities in underdeveloped nations.
Use synonyms
Nevertheless
, there are valid reasons why people oppose the notion of a globalized Linking Words
economy
. The major issue is that foreign commodities have made small business owners Use synonyms
hard
to strive Correct word choice
apply
due to
the price war. Linking Words
For instance
, If a person is choosing where to go for a hamburger, his first choice would likely be Mc'Donald's because It tends to be more affordable than family-owned restaurants. Another relevant point is that corporations like Mc'Donald's or Apple would take too much part of an Linking Words
economy
, Use synonyms
hence
creating a monopoly. Linking Words
And monopoly
could be detrimental to society as It could manipulate policies through political lobbying.
Correct word choice
Monopoly
To conclude
, when discussing Linking Words
globalization
, It is crucial to remind people of its positive and negative effects on the Use synonyms
economy
. Governments should Use synonyms
also
properly use Linking Words
this
tool after considering their domestic circumstances.Linking Words
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