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Even though globalization effects the world economic in very positive ways, it is negatives should not be forgotten. Discuss both views and give your opinion

Even though globalization effects the world economic in very positive ways, it is negatives should not be forgotten. Discuss both views and give your opinion mAK1

The issue of how globalization has affected the worlds economy has been a subject of debate for a while. This essay will discuss some benefits and drawbacks associated with this trend. To start with, making the world a global village has had a positive effect on its economy through a tremendous increase in foreign direct investment. Many countries have the opportunity to inject more funds in to its economy by attracting investors from all over the world. Furthermore, technological innovation has increased through globalisation as countries can share ideas and resources thereby resulting in the production of cutting edge solutions to human problems. However, globalisation has some drawback too. One major flaw of this is the interdependent of countries on one another. Issues, wars and conflicts erupt between nations causing various bans and tradewars to adopted, and while it could be resolved through diplomacy and negatiation, the economy gets negatively impacted during the crisis. Additionally, this phenomenon has placed sovereignty under threat meaning that no nation can hide its discoveries or innovation from the world anymore. It is now easier than ever to copy another country's idea to produce something closely related to it. For example, China is known for its production of cheap and similar phones to the iPhone owned, produced and designed in the United States. To conclude, though globalization has benefited the world's economy through an increase in foreign direct investments and technological innovation, it has also affected it through interdependence and threat of sovereignty

The issue of how globalization has This phrase/word (depending on the context) can be potentially replaced with :impacted
affected
 the Apostrophe might be missing. Did you mean "worlds'" or "world's"?worlds'world's
worlds
You use this word too often, consider replacing it withrecession
economy
 has been a subject of debate for a while. This essay will discuss This phrase/word is too simple and can be replaced with:a number of
some
 benefits and drawbacks associated with this trend. To This phrase/word (depending on the context) can be potentially replaced with :initiate
start
 with, making the You use this word too often, consider replacing it withearthnature
world
 a global village has had a This phrase/word is too simple and can be replaced with:beneficial
positive
 effect on its You use this word too often, consider replacing it withrecession
economy
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through
 a tremendous increase in foreign direct investment. This phrase/word is too simple and can be replaced with:a plethora ofa number ofnumerous
Many
 countries have the opportunity to inject more funds in to its You use this word too often, consider replacing it withrecession
economy
 by attracting investors from all over the You use this word too often, consider replacing it withearthnature
world
. Furthermore
, technological innovation has increased You use this word too often, consider replacing it withover
through
Do not mix variants of the same word ('globalisation' and 'globalization') within a single text.globalization
globalisation
 as countries can share This phrase/word (depending on the context) can be potentially replaced with :thoughtsconceptsnotions
ideas
 and resources thereby resulting in the production of cutting edge solutions to human problems. However
, Do not mix variants of the same word ('globalisation' and 'globalization') within a single text.globalization
globalisation
 has This phrase/word is too simple and can be replaced with:a number of
some
 drawback too. One major flaw of this is The phrase 'the interdependent of' is not correct. Use a noun, not an adjective, between 'the' and 'of'.
the interdependent of
 countries on one another. Issues, wars and conflicts erupt between nations causing various bans and Possible spelling mistake found.trade wars
tradewars
 to adopted, and while it could be resolved
You use this word too often, consider replacing it withover
through
 diplomacy and Possible spelling mistake found.negotiation
negatiation
, the You use this word too often, consider replacing it withrecession
economy
This phrase/word (depending on the context) can be potentially replaced with :acquires
gets
negatively
 impacted during the crisis. Additionally
, this phenomenon has placed sovereignty under threat meaning that no nation can This phrase/word (depending on the context) can be potentially replaced with :covermask
hide
 its discoveries or innovation from the You use this word too often, consider replacing it withearthnature
world
 anymore. It is This phrase/word (depending on the context) can be potentially replaced with :nowadays
now
 easier than ever to copy another country's This phrase/word (depending on the context) can be potentially replaced with :thoughtconceptnotion
idea
 to produce something closely
 related to it. For example
, China is known
 for its production of This phrase/word (depending on the context) can be potentially replaced with :economical
cheap
 and similar phones to the iPhone This phrase/word (depending on the context) can be potentially replaced with :possessed
owned
, produced and designed in the United States. To conclude
, though globalization has benefited the world's You use this word too often, consider replacing it withrecession
economy
You use this word too often, consider replacing it withover
through
 an increase in foreign direct investments and technological innovation, it has also
This phrase/word (depending on the context) can be potentially replaced with :impacted
affected
 it You use this word too often, consider replacing it withover
through
 interdependence and threat of Please add a punctuation mark at the end of paragraphsovereignty.sovereignty!sovereignty?sovereignty:sovereignty,sovereignty;
sovereignty