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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

Possible spelling mistake. 'Globalisation' is British English.Globalization
Globalisation
 opened a new You use this word too often, consider replacing it withearthnature
world
 of opportunities to both national and international You use this word too often, consider replacing it withgroupclubcommunityteampartyassociation
companies
as well
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many
 developed and developing nations. Everyone The pronoun 'Everyone' is usually used with a third-person or a past tense verb: "considers", "considered".considersconsidered
considering
 this as a new step towards a completely This phrase/word is too simple and can be replaced with:various
different
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world
. When the term Do not mix variants of the same word ('globalization' and 'globalisation') within a single text.globalisation
globalization
 coined at the first
 time, it attracted lot of criticism from around the You use this word too often, consider replacing it withearthnature
world
, especially
 from economists. This phrase/word is too simple and can be replaced with:on the contrary
But
slowly
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it&
#039; s been This phrase/word is too simple and can be replaced with:admissible
accepted
widely
. However
, This phrase/word is too simple and can be replaced with:a number of
some
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people
 believe that it produce This phrase/word is too simple and can be replaced with:beneficial
positive
 effects to everyone. I This phrase/word (depending on the context) can be potentially replaced with :acquiesce
agree
 to this statement to a certain extent.

To This phrase/word (depending on the context) can be potentially replaced with :initiatecommence
begin
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globalization
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many
 advantages. It is This phrase/word is too simple and can be replaced with:extremelyimmenselysupremelysuperb
very
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so
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developed countries
. When multinational You use this word too often, consider replacing it withgroupclubcommunityteampartyassociation
companies
This phrase/word (depending on the context) can be potentially replaced with :initiate
start
 their business in such regimes, there will be It seems that an article is missing.a lot of
lot of
 employment opportunities and also
 results in infrastructure development of that area. Moreover
, local You use this word too often, consider replacing it withgroupclubcommunityteampartyassociation
companies
also
This phrase/word (depending on the context) can be potentially replaced with :acquire
get
This phrase/word is too simple and can be replaced with:a number of
some
 benefits from this by way of supplying the raw materials to these You use this word too often, consider replacing it withgroupclubcommunityteampartyassociation
companies
 they can find a global market for their products. On top of that
, state This phrase/word (depending on the context) can be potentially replaced with :acquires
gets
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companies
.

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some
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negative
 effects too. This phrase is redundant. Consider using "first".First
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 international You use this word too often, consider replacing it withgroupclubcommunityteampartyassociation
companies
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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 You use this word too often, consider replacing it withgroupclubcommunityteampartyassociation
companies
 may affect the local industries, This phrase/word is too simple and can be replaced with:a number of
some
 times it might result in close down of This phrase/word is too simple and can be replaced with:a number of
some
 decades This phrase/word is too simple and can be replaced with:ancientagedmature
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 local businesses. Furthermore
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so called
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companies
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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, Possible spelling mistake. 'Globalisation' is British English.Globalization
Globalisation
 provides It seems that an article is missing.a lot of
lot of
This phrase/word (depending on the context) can be potentially replaced with :beneficialproduct
good
 effects if we This phrase/word (depending on the context) can be potentially replaced with :reckonassumebelieveconsider
think
 in wider terms, This phrase/word is too simple and can be replaced with:on the contrary
but
 we can not generalize this effects as This phrase/word is too simple and can be replaced with:beneficial
positive
 to everyone. This phrase/word is too simple and can be replaced with:merely
Just
 like every system it also
 has This phrase/word is too simple and can be replaced with:a number of
some
This phrase/word is too simple and can be replaced with:adverse
negative
 effects. This phrase/word is too simple and can be replaced with:consequently
So
 the This phrase/word (depending on the context) can be potentially replaced with :national authoritiespublic authorities
governments
 should This phrase/word (depending on the context) can be potentially replaced with :retain
keep
 an eye on everything when they open their economy to You use this word too often, consider replacing it withearthnature
world
Please add a punctuation mark at the end of paragraphmarket.market!market?market:market,market;
market