In contemporary era, products are being exchanged between different nations owing to globalization that has both upsides as well as downsides. Hence, this essay is an attempt of discussing proper impacts of globalization especially on developing nations.
On one hand, plethora of benefits are being invited by globalization in third world nations. The first and foremost is, availability of international product in that nation. For instance, in developing nations such as India and Pakistan, plenty of international fruits’ varieties such as Kiwi from New Zealand and Apple Red Delicious from the USA have been made available that is only possible by the means of globalization. Moreover, international food chains like Subway and McDonalds are providing lip-smacking and scrumptious meals to the people.
The second cogent advantage is availability of floods of opportunities. To be more precise, Gurugram and Bengaluru are two cosmopolitan cities in India having abundance of Multinational companies such as Fujitsu General and Apple Inc. , that are not only providing international product to locals but also opening doors of jobs. As a result, globalization has become a platform that is providing money to the people of particular nation in order to make their both ends meet.
On the other hand, this concept also has some unfriendly aspects. In the beginning, by this globalization, poor countries are also facing deleterious outcomes. In brief, the Covid-19 pandemic has plundered under developed nations too since this disease has gulped the entire world because of globalization. Additionally, local products are losing their charm against global ones.
To conclude, in this revolutionized era, this is globalization that is enabling small nations to survive and I am of the opinion that its bright sides outweigh dark ones.
In contemporary era,
products
are
being exchanged
between
different
nations
owing to globalization that has both upsides
as well as
downsides.
Hence
, this essay is an attempt of discussing proper impacts of globalization
especially
on developing nations.
On one hand, plethora of benefits are
being invited
by globalization in third world
nations
. The
first
and foremost is, availability of
international
product
in that
nation
.
For instance
, in developing
nations
such as India and Pakistan,
plenty
of
international
fruits’ varieties such as Kiwi from New Zealand and Apple Red Delicious from the USA have
been made
available
that is
only
possible by the means of globalization.
Moreover
,
international
food chains like Subway and
McDonalds
are providing lip-smacking and scrumptious meals to the
people
.
The second cogent advantage is availability of floods of opportunities. To be more precise,
Gurugram
and Bengaluru are two cosmopolitan cities in India having abundance of Multinational
companies
such as Fujitsu General and Apple Inc.
,
that are not
only
providing
international
product
to locals
but
also
opening doors of jobs.
As a result
, globalization has become a platform
that is
providing money to the
people
of particular
nation
in order to
make
their both ends
meet
.
On the other hand
, this concept
also
has
some
unfriendly
aspects. In the beginning, by this globalization, poor countries are
also
facing deleterious outcomes.
In brief
, the Covid-19 pandemic has plundered under developed
nations
too since this disease has gulped the entire world
because
of globalization.
Additionally
, local
products
are losing their charm against global ones.
To conclude
, in this revolutionized era, this is globalization
that is
enabling
small
nations
to
survive and
I am of the opinion that its bright sides outweigh dark ones.