Globalization is the system of international integration that often arises from the interchange of world products, views, ideas, and some aspects of culture. Well advanced telecommunications and transportation infrastructure as well as the risen of telegraph and internet are some of the main factors of globalization. Today, it continuously generates in the interdependence of cultural activities and economic of a certain place or country.
Most countries today are dealing with globalization starting from their detachment up to the competitive world. It is often integrated in the investments, trade, technology, and some of the mobile factors of manufacture such as capital and labor. All people today know that the presence of globalization is really a great thing due to the impressive benefits that it provides not only to a certain country but also to the whole world. However, there are some details they don’t know about it and these are the advantages and disadvantages of it
Before you proceed to the disadvantages of globalization, let’s know first the other advantages that it contributes to entire people and countries in the globe:
The Advantages of Globalization
Due to globalization, the rate of education is getting even higher. Almost 99 percent of people today have finished their studies and achieved decent jobs. They also learn lots of things which guide them to live in a wealthy or simple lifestyle.
Globalization generates employment opportunities for those people who still don’t have a job. Most companies today move to a well civilized country in order to give a chance to unemployed workers to gain a job that suits their abilities and expertise.
3. Cheaper Price
Most products in the market are offered in a cheaper price due to competition.
4. Quality of Product
Through the machines that were produced because of globalization, the products offered to the people come with great quality.
The technology today allows the people to achieve clear and continuous communication with their family or the VIP’s in different countries.
The Disadvantages Of Globalization
1. Loss of Culture
Because entire things today are well built and well advanced, the former culture and tradition of the people disappeared. Most of the people choose the well advanced world rather than to live just like the way before.
2. Health Problems
There are many health illnesses that were developed when globalization existed. Most health issues that occur are serious.
3. Environmental Degradation
The business mutiny really altered the outlook and level of economy. Because most companies today are utilizing the natural resources, deforestation arises. They often destroy the land which often contains lots of minerals and resources.
Even though globalization is widely open in the latest avenues such as employment and market, there is still a disparity that comes along with the improvement of the economy. Structural unemployment is obligated to the presence of disparity.
The advantages and disadvantages of globalization above will surely give you lots of great learning. With the disadvantages of it, many people today are not happy primarily on the health issues and other negative things that affects in their everyday living.