Countries are becoming more and more similar because people are able to buy the same products anywhere in the world. Do you think this is a positive or negative development?

Nowadays, differences between nations are getting reduced
due to
technology and exchange trade agreements
such
as import-export facilities,
As a
result
Add a comma
,result
show examples
an individual from India can use the same product which American uses in their day-to-day life. In my opinion, It is in the favour of various countries rather than its demerits.
Firstly
, because of the exchange policy between the two nations, people can get high-quality
products
from international brands. The global
market
has opened up the door for technology to develop and its usage.
Thus
, an individual from India has the same knowledge that American or europian have.
This
knowledge transparency is getting boom in the world. In past, it was not easy as in recent times.
For example
, a person sitting in Dubai is having same Apple laptop which a Canadian person is using.
Secondly
, some global brands are opening their manufacturing units in developing nations.
This
creates employment. If earnings and quality of
products
increase in the
market
, people can develop their lifestyles.
For instance
, Apple, Jhonsons, Nike, Zara and many more provide quality
products
.
Due to
increasing demand for their
products
, they need to do more and more production. To increase production, they are opening their units and offices in various countries.
Last
but not the least, the Global
market
inspires local manufacturers rather than demotivates them. It provides them with the area to explore them by improving the quality of
products
at low prices.
Although
a few business personnel argued because of competition, others developed their
products
and
also
booked global awards in the industry.
To conclude
, Despite having one or two demerits, the global
market
is having various phenomenal benefits. That results in lifestyle improvement, economic development and knowledge enhancement.
Submitted by mayini711 on

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Topic Vocabulary:
  • globalization
  • diversity
  • homogenization
  • cultural assimilation
  • global connection
  • local businesses
  • economic impact
  • consumerism
  • standardization
  • westernization
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