In contemporary times, one school of thought holds that the development of international corporations and
existing
value of globalization brings beneficial value for all works of life. Correct article usage
the existing
While
I accept Linking Words
this
perception is somewhat justified, I believe that phenomenon Linking Words
also
causes some drawbacks to that notion.
On the one hand, it is understandable why global firms and globalization contribute to the development of nations. First and foremost, it could enhance the living standards of those nations. In fact, global corporations are likely to have huge revenues, Linking Words
therefore
, they could contribute to that nation by paying taxes. Linking Words
As a result
, the governments could improve public infrastructure, social services, and welfare Linking Words
as well as
pass some laws to support ordinary citizens, especially the underprivileged. Linking Words
Furthermore
, the trend of globalization and multinational cooperation could improve the economics of underdeveloped and developing countries. Linking Words
For example
, poorer countries could receive investments from international funding and global organizations, thereby creating numerous jobs through expanding business, Linking Words
such
as building manufacturing plants, establishing Linking Words
companies’
branches, or even sharing core technologies.
Change noun form
companies
On the other hand
, there are a host of compelling reasons why I am convinced that a rise in worldwide cooperation and companies might cause some great disadvantages to certain extents. One rationale is that several cultural customs could be extinct. To be more specific, without protection from governing bodies, local cultures could be eliminated by multinational ones, which not only could lead to diminishing ethnic diversity but Linking Words
also
weakening social stabilization because of differences in cultures. Another justification is that Linking Words
this
trend could harm smaller businesses. Linking Words
For instance
, an increase in the number of business empires with abundant financial sources, Linking Words
such
as Samsung, Apple, or Microsoft means that other start-up companies more struggle to survive and develop. Needless to say, those international firms could manipulate the price and market, or even control the whole country in the worst scenario.
In conclusion, Linking Words
while
it is irrefutable that international integration and global corporations play a crucial role in various aspects of the world, I would contend that Linking Words
this
tendency Linking Words
also
has serious demerits that the authorities should take into consideration.Linking Words
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