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Globalization Essay

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Rachael Dsouza
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446 views2 pages

Globalization Essay

Uploaded by

Rachael Dsouza
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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GLOBALIZATION ESSAY.

Globalization is a process of worldwide spread of science, technologies, businesses, etc through the

means of transportation, communication, and trade. Globalization has affected almost all the

countries worldwide in various ways such as socially, economically, politically, and psychologically

too. Globalization is a term indicating fast and continues integration and interdependence of

countries in the field of business and technologies. The effects of globalization have been seen on

the tradition, environment, culture, security, lifestyle, and ideas. There are many factors affecting and

accelerating globalization trends worldwide. The reason of acceleration in the globalization is

because of the people demands, free-trade activities, worldwide acceptance of markets, emerging

new technologies, new researches in the science, etc. Globalization has huge negative impacts on

the environment and given rise to various environmental issues like water pollution, deforestation, air

pollution, soil pollution, contamination of water resources, climate change, biodiversity loss, etc. All

the ever growing environmental issues need to be solved on urgent basis by international efforts

otherwise they may finish the existence of life on the earth a day in future. In order to prevent the

loss of environment, there is need of globalization of eco-friendly technologies and huge level

environmental awareness among people. In order to deal with the negative effects of globalization,

companies need to develop greener technologies which may replace the current status of the

environment. However, globalization has helped a lot positively to save the environment by

improving various resources (reducing adverse effects on the environment like hybrid cars using less

fuel) and promoting education. Apple brand has also aimed to manufacture Eco-friendly products to

reduce negative impacts of globalization and exceed positive effects. Increasing demands of the

ever increasing population lead towards extensive deforestation causing great level environmental

issue. Till now, almost half of the useful forests have been cut in the past years. So, there is a need

to make globalization under control to reduce its negative effects.Globalization is the way to open

businesses, improve technological growth, economy, etc on international level for the international

players. It is the way to manufacturers and producers of the products or goods to sell their products
globally without any restriction. It provides huge profit to the businessmen as they get low cost labor

in poor countries easily through the globalization. It provides a big opportunity to the companies to

deal with the worldwide market. It facilitates any country to participate, set up or merge industries,

invest in equity or shares, selling of products or services in any country.

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