what is globalization. Elicit the advantages and disadvantages of globalization

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In today's
world
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, globalization is a
world
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phenomenon and transformation into a unified system that affects all aspects of people's lives.It has
also
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a crucial impact on the economy and businesses by providing enormous opportunities for development.In
this
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essay , I will discuss both benefits and drawbacks of
this
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process. On one hand, the most significant positive effect of it is that it includes global economic growth which can erase barriers between nations across the
world
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.
For example
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, the exchange of means can be illustrated as culture, traditions, religious
culte
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culture
cults
cult
, and most economic and political spheres on an international scale.
Moreover
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, it can increase competition between
countries
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which can lead potentially to
decline
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a decline
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the prices and rise employment chances by supporting trade and jobs.In
additon
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addition
,it may reduce the isolation of poor populations by promoting their economic situation among developed
countries
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.As result, I strongly believe that it can link the nations to solve issues , among others. On other hand, industrialization of the economy can lead to ecology deficiency because the higher spreading of technology can affect badly the environment by increasing gazes and degradation of ecosystems.
such
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as carbon dioxide into the atmosphere causing global warming ,pollution and undoubtedly
the
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apply
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resource
depletions
Fix the agreement mistake
depletion
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.
Furthermore
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, it can cause
also
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irreparable harm to humanity as a whole .
For instance
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,it can not be equally distributed around the
world
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,
this
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is a fact that some industrial sectors make huge profits
while
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others are losing their competitiveness and unfortunately they become unnecessary in international trade. In conclusion, globalization is a fact of modern life that cannot be irreversible , even if its demerits can outweigh its merits government can provide public services to support people who are living in poverty or unable to work and I think that developed
countries
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should invest in developing
countries
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rather
then
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donation money on the
world
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stage.

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