Globalization: Positive or Negative?

Globalization is the process of interaction among the countries of the world, in hostelry to collapse the world(a) economy. In my opinion, globoseization is a positive thing, because of several(prenominal) reasons. To start with, it improves the judge of products as a result of global competition. In addition, with globalization, veritable countries give birth become more tough with evolution countries, helping their economies to sprain and increasing their standard of living. Lastly, globalization causes the open up of cultures, providing the world many choices. First of all, globalization improves the quality of products as a result of global competition. In order to extend in the market, businesses are forced to compete on global scale, encouraging creativity and innovation and allowing the market to exit consumers a better advantage. Especially the customer is king climb up to production increases the services of trade, technology larnth and the world markets. let loose at a town hall meeting in Mumbai, the president of the United States said, Because of the incredible rise of India and China and brazil-nut tree and other countries, the US remains the largest economy and the largest market, but in that respect is real competition. This will keep the States on its toes. the States is going to capture to compete (The Times of India, par.2).

Secondly, with globalization, enlargeed countries have become more involved with developing countries, helping their economies to grow and increasing their standard of living. Developing countries are able to develop the benefits of current technology. However, in receiving this technology they dont c ondense the growing pains associated with th! e development of these technologies. In developing countries, in that location is often a lack of cash, which slows down the maturation of internal companies and thus, employment. Globalization provides the opportunity for developing countries to earn money from exports. They dismiss invest the money they earn in goods, food, machinery,...If you necessitate to take out a full essay, order it on our website: OrderEssay.net

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