Write an essay (150 - 300 words) about this topic:
Globalization has both advantages and disadvantages. Discuss both and give your opinion.
In recent years, the issue of globalization has been a broad issue to the general public. Some people think that it has many benefits, while others believe the opposite. Discussed below are several pros as well as cons of this issue.
On the one hand, globalization has many considerate advantages. Firstly, globalization broadens access to goods and services. If you buy a product which comes from abroad, you will benefit from globalization to some extent. Secondly, globalization can lift people out of poverty. To illustrate, globalization has increased job opportunities in capital-scarce and labor-rich countries. Thirdly, globalization increases cultural awareness. For instance, people exposed to the cultures in other countries can strengthen ties between nations.
On the other hand, globalization also has two main disadvantages. Firstly, workers in developed countries may lose out to workers in countries with cheaper labor. For instance, when the U.S. competes with less-developed countries, its big advantage is its access to capital, whereas less-developed countries’ big advantage is their cheap labor. Secondly, globalization puts more power in the hands of multinational corporations. This reduces state sovereignty and citizens’ ability to hold their leaders accountable for conditions in their countries. Moreover, labor and environmental protections are harder to enforce than many critics of globalization would like.
In conclusion, the above-mentioned facts have outlined the benefits as well as drawbacks of globalization. The government in general and each citizen in particular should take advantages of the benefits and minimize the drawbacks.
Nowadays, Globalization has become an inevitable trend when most of countries in the world are applying the policies in order to attract investment and impulse the economic development. However beside advantages, globalization brings some significant challenges for nations.
It is obvious that the globalization makes advantaged conditions for impulsing economic development, increasing the living standard for citizens in the developing countries when businesses in the rich countries already invest a lot of money in building up factors, enterprises and constructing infrastructures, creating works for labors and bringing some good knowledge for citizens. Besides that, globalization will direct people ‘s vision to outside world where they can communicate and exchange experiences with international friends from that people in the poor countries can open their mind, the way of thinking and make the life become better. Globalization also creates unity power between nations in the world to deal with common disasters such as natural disasters, environmental pollution and epidemical diseases in order to protect human from perdition.
However, beside some advantages, nations have to face some challenges caused by globalization. Firstly, the natural resources will be exploited absolutely because the rich countries always aim at receivable big profits from the poor countries before investment. Secondly, this will impact on political structure because the economic integration will lead to the integration about politics then the nations should join the same boat when they have become dependent on each other. Above that, the specific cultural features of every nation will be affected by globalization; even when all nations find the best way to maintain and preserve their traditional customs and culture, this will not be easy to keep as it is because the young generation will change the living way for integration.
In conclusion, globalization is necessary for integration and development in the digital technology ages then something needs to be changed but all traditional culture features should be maintained and preserved.