Globalization refers to the increasing integration and interchange of world views, products, and culture due to advances in transportation and telecommunications infrastructure like the telegraph and internet.
While globalization has increased opportunities for education, employment, and access to cheaper products, it has also led to the loss of local cultures and traditions as things become more standardized worldwide. Environmental degradation is another disadvantage as increased business activity relies on exploiting natural resources. Disparity also remains as economic improvements are not experienced equally across societies.
2. Globalization is the system of international
integration that often arises from the interchange of world
products, views, ideas, and some aspects of culture. Well
advanced telecommunications and transportation
infrastructure as well as the risen of telegraph and
internet are some of the main factors of globalization..
3. Education
Due to globalization, the rate of education is getting even
higher. Almost 99 percent of people today have finished their studies
and achieved decent jobs. They also learn lots of things which guide
them to live in a wealthy or simple lifestyle.
Employment
Globalization generates employment opportunities for those
people who still don’t have a job. Most companies today move to a
well civilized country in order to give a chance to unemployed
workers to gain a job that suits their abilities and expertise.
Cheaper Price
Most products in the market are offered in a cheaper price
due to competition.
4. Quality of Product
Through the machines that were produced because
of globalization, the products offered to the people come
with great quality.
Communication
The technology today allows the people to achieve
clear and continuous communication with their family or
the VIP’s in different countries.
5. The Disadvantages Of Globalization
Loss of Culture
Because entire things today are well built and well advanced,
the former culture and tradition of the people disappeared.
Health Problems
There are many health illnesses that were developed when
globalization existed.
Environmental Degradation
The business mutiny really altered the outlook and level of
economy. Because most companies today are utilizing the natural
resources, deforestation arises. They often destroy the land which
often contains lots of minerals and resources.
Disparity
Even though globalization is widely open in the latest
avenues such as employment and market, there is still a disparity
that comes along with the improvement of the economy.
6. The advantages and disadvantages of globalization
above will surely give you lots of great learning. With the
disadvantages of it, many people today are not happy
primarily on the health issues and other negative things
that affects in their everyday living.