Globalization has resulted in more business and cultural contacts among various nations. This also means that people around the globe are more connected. This situation has both pros and cons which we can discuss in the following paragraphs.
Firstly, there are many benefits of this extension. Mainly, more job opportunities. Multinational companies are open worldwide, offering jobs to thousands of people. Secondly, the growth in economy with the efficient trade between countries. Thirdly, cultural awareness, which can be acquired with the travelling to vast cultures of different countries. Moreover, today people have more choices of products because of this world-wide integration. Proliferation has also allowed a significant rise in the level of technology used in today’s world. For example, E-commerce procedures in majority of businesses.
On the other hand, it can lead to job insecurity. Globalism has led to firms outsourcing their jobs to developing countries, which have led to lesser jobs in developing countries. In addition, it led to fluctuation in prices of products. It has promoted to the escalation of the marketing competition on the international economies. Furthermore, such development is viewed by many as a threat to the world's cultural diversity. Internationalization uses up finite resources more quickly. As an example, China joined the world trade organization in December 2001. In 2002, its coal use began rising rapidly.
To summarize globalisation can be said to be good, bad and inevitable. People want the good to outweigh the bad, but prolonged exposure to globalisation is something that is inevitable. The only solution is to make use of the resources of the nature in the best manner possible for both the betterment of businesses and society.
Globalization has resulted in more business and cultural contacts among various nations. This
also
means that
people
around the globe are more connected. This situation has both pros and cons which we can discuss in the following paragraphs.
Firstly
, there are
many
benefits of this extension.
Mainly
, more
job
opportunities. Multinational
companies
are open worldwide, offering
jobs
to thousands of
people
.
Secondly
, the growth in economy with the efficient trade between
countries
.
Thirdly
, cultural awareness, which can
be acquired
with the travelling to vast cultures of
different
countries
.
Moreover
,
today
people
have more choices of products
because of this
world-wide integration. Proliferation has
also
allowed
a significant rise in the level of technology
used
in
today
’s world.
For example
, E-commerce procedures in
majority of
businesses.
On the other hand
, it can lead to
job
insecurity. Globalism has led to firms outsourcing their
jobs
to developing
countries
, which have led to lesser
jobs
in developing
countries
.
In addition
, it led to fluctuation in prices of products. It has promoted to the escalation of the marketing competition on the international economies.
Furthermore
, such development
is viewed
by
many
as a threat to the world's cultural diversity. Internationalization
uses
up finite resources more
quickly
. As an example, China
joined
the
world trade organization
in December 2001. In 2002, its coal
use
began rising
rapidly
.
To summarize
globalisation
can
be said
to be
good
,
bad
and inevitable.
People
want the
good
to outweigh the
bad
,
but
prolonged exposure to
globalisation
is something
that is
inevitable. The
only
solution is to
make
use
of the resources of the nature in the best manner possible for both the betterment of businesses and society.
7.5Linking words, meeting the goal of 7 or more
7.5Repeated words, meeting the goal of 3 or fewer
7.5Mistakes