Recently, The world has been more globalized than ever, which has been significantly beneficial for the global economy. However, some people still argue that globalization is a negative development, and that we were better off when countries didn’t inter dependon each other. So, was globalization a beneficial thing? Or was the world better off when economicindependence was more common?
Primarily, In the past few decades, there was a drastic increment in the overall economy of the world, which was due to globalization. Globalization has proved that economic interdependence is the way to go. Since in the past when everyone depended solely on themselves. And Each country was heavily dependent on the domestic goods only, the global economy was lower and there were less career opportunities. Which was severely inconvenient for the people and for the economy. Because fewer goods meant lower economy, which also meant no jobs. That’s why in the past it was more difficult for individuals to find job opportunities due to the fact there weren’t that numerous jobs to begin with. but this haschanged as time went by.
Nowadays, cultures from all around the world are spread more frequently which is a consequence of globalization. And that’s because when there is an interdependence between two nations they will start sharing goods and services with each other to fulfil their missing needs, which strongly aids the spread of the cultures. Also, the spread of information is another result of globalization, and both cultures and information get expanded by the same way, which is by interdependence.
In conclusion, I strongly believe that globalization is a beneficial thing since it evolved the world drastically. However, there were a number of cons that were brought forth due to globalization, on the contrary the benefits still outweigh the negatives, which only proves that globalization was one of the most beneficial practices that were introduced to our world.
Recently, The
world
has been more globalized than ever, which has been
significantly
beneficial
for the global
economy
.
However
,
some
people
still
argue that globalization is a
negative
development, and that we were better off when countries didn’t inter
dependon
each other.
So
, was globalization a
beneficial
thing? Or was the
world
better off when
economicindependence
was more common?
Primarily
, In the past few decades, there was a drastic increment in the
overall
economy
of the
world
, which was due to globalization. Globalization has proved that economic interdependence is the way to go. Since in the past when everyone depended
solely
on themselves. And Each country was
heavily
dependent on the domestic
goods
only
, the global
economy
was lower and there were less career opportunities. Which was
severely
inconvenient for the
people
and for the
economy
.
Because
fewer
goods
meant lower
economy
, which
also
meant no jobs. That’s why in the past it was more difficult for individuals to find job opportunities due to the fact there weren’t that numerous jobs to
begin
with.
but
this
haschanged
as time went by.
Nowadays, cultures from all around the
world
are spread
more
frequently
which is a consequence of globalization. And that’s
because
when there is an interdependence between two nations they will
start
sharing
goods
and services with each other to fulfil their missing needs, which
strongly
aids the spread of the cultures.
Also
, the spread of information is another result of globalization, and both cultures and information
get
expanded by the same way, which is by interdependence.
In conclusion
, I
strongly
believe that globalization is a
beneficial
thing since it evolved the
world
drastically
.
However
, there were a number of cons that
were brought
forth due to globalization,
on the contrary
the benefits
still
outweigh the negatives, which
only
proves that globalization was one of the most
beneficial
practices that
were introduced
to our
world
.