Globalization is a term that is widely used in modern era. Opponents say that it is fruitful as it boosts the international business and interaction among the countries all over the world while others criticize it due to its detrimental impact on cultural aspects. This essay will shed light on both the views, however, my conviction sides with the former notion.
On the one hand, there are numerous benefits of globalized culture. International trade boosts the economy by providing gigantic job opportunities. To elucidate, if a multi- national company opens in a developing nation, many new equipments, management skills and materials are also developed. Most of the people get new jobs. As a result, reduces the employment rate. For instance, an article published in - 'The Times' - revealed that about 44% unemployment rate declined due to the establishment of foreign companies. Moreover, cultural contact has huge positive impact on people. They come to know cbout the westurn culture, cuisines and languages under a single world. It reduces the disparity and difference of cast and color.
On the other hand, globalization has a major detrimental effect on local identities. It influences the youngsters towards western culture. To elaborate, people can see western culture, clothes and variety of food on television and internet. They ignore their own culture and buy branded international products. This hinders the existence of local culture and trade.
In conclusion, although there are some cons of globalized world as it hinders the cultural activities but even that it is cruicial for the overall development of the world as it opens new doors to employment which is not only beneficial for individuals but also for the nation worldwide.
Globalization is a term
that is
widely
used
in modern era. Opponents say that it is fruitful as it boosts the international business and interaction among the countries all over the
world
while others criticize it due to its detrimental impact on cultural aspects. This essay will shed light on both the views,
however
, my conviction sides with the former notion.
On the one hand, there are numerous benefits of globalized
culture
. International trade boosts the economy by providing gigantic job opportunities. To elucidate, if a multi- national
company
opens in a developing nation,
many
new equipments, management
skills
and materials are
also
developed. Most of the
people
get
new jobs.
As a result
,
reduces
the employment rate.
For instance
, an article published in
-
'The Times'
-
revealed that about 44% unemployment rate declined due to the establishment of foreign
companies
.
Moreover
, cultural contact has huge
positive
impact on
people
. They
come
to know
cbout
the
westurn
culture
, cuisines and languages under a single
world
. It
reduces
the disparity and difference of cast and color.
On the other hand
, globalization has a major detrimental effect on local identities. It influences the youngsters towards western
culture
. To elaborate,
people
can
see
western
culture
, clothes and variety of food on television and internet. They
ignore
their
own
culture
and
buy
branded international products. This hinders the existence of local
culture
and trade.
In conclusion
, although there are
some
cons of globalized
world
as it hinders the cultural activities
but
even that it is
cruicial
for the
overall
development of the
world
as it opens new doors to employment which is not
only
beneficial for individuals
but
also
for the nation worldwide.