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The spread of multinational companies and the resulting increase of globalization produce positive effects to everyone

The spread of multinational companies and the resulting increase of globalization produce positive effects to everyone xm2pg
Globalisation opened a new world of opportunities to both national and international companies as well many developed and developing nations. Everyone considering this as a new step towards a completely different world. When the term globalization coined at the first time, it attracted lot of criticism from around the world, especially from economists. But slowly it' s been accepted widely. However, some people believe that it produce positive effects to everyone. I agree to this statement to a certain extent. To begin with, globalization has many advantages. It is very helpful for the economic development of not so developed countries. When multinational companies start their business in such regimes, there will be lot of employment opportunities and also results in infrastructure development of that area. Moreover, local companies also get some benefits from this by way of supplying the raw materials to these companies they can find a global market for their products. On top of that, state gets huge amount of money as taxes and legal fees from these companies. On the flip side of the coin it has some negative effects too. First of all international companies don' t give much importance to the environmental effects that they are causing in the host countries. In addition, increased competition from the multinational companies may affect the local industries, some times it might result in close down of some decades old local businesses. Furthermore, these so called companies are very powerful in terms of finance and influence, this might result in controlling the entire resources of a country. That eventually creates monopoly and unfair trade practices. To recapitulate, Globalisation provides lot of good effects if we think in wider terms, but we can not generalize this effects as positive to everyone. Just like every system it also has some negative effects. So the governments should keep an eye on everything when they open their economy to world market
Globalisation
opened a new
world
of opportunities to both national and international
companies
as well
many
developed and developing nations. Everyone
considering
this as a new step towards a completely
different
world
. When the term
globalization
coined at the
first
time, it attracted lot of criticism from around the
world
,
especially
from economists.
But
slowly
it&
#039; s been
accepted
widely
.
However
,
some
people
believe that it produce
positive
effects to everyone. I
agree
to this statement to a certain extent.

To
begin
with,
globalization
has
many
advantages. It is
very
helpful for the economic development of not
so
developed countries
. When multinational
companies
start
their business in such regimes, there will be
lot of
employment opportunities and
also
results in infrastructure development of that area.
Moreover
, local
companies
also
get
some
benefits from this by way of supplying the raw materials to these
companies
they can find a global market for their products.
On top of that
, state
gets
huge amount of money as taxes and legal fees from these
companies
.

On the flip side of the coin it has
some
negative
effects too.
First of all
international
companies
don&
#039; t give much importance to the environmental effects that they are causing in the host countries.
In addition
, increased competition from the multinational
companies
may affect the local industries,
some
times it might result in close down of
some
decades
old
local businesses.
Furthermore
, these
so called
companies
are
very
powerful in terms of finance and influence, this might result in controlling the entire resources of a country. That
eventually
creates monopoly and unfair trade practices.

To recapitulate,
Globalisation
provides
lot of
good
effects if we
think
in wider terms,
but
we can not generalize this effects as
positive
to everyone.
Just
like every system it
also
has
some
negative
effects.
So
the
governments
should
keep
an eye on everything when they open their economy to
world
market
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IELTS essay The spread of multinational companies and the resulting increase of globalization produce positive effects to everyone

Essay
  American English
4 paragraphs
317 words
5.5
Overall Band Score
Coherence and Cohesion: 5.5
  • Structure your answers in logical paragraphs
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    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.0
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 6.0
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 5.0
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
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