Globalization essay follows the general format of writing essays that exists in the literature. The general outlook of the composition should follow the format of introduction, body paragraphs, and final a conclusion.
Below is a criterion on globalization pros and cons essay.
Globalization has become the father of technology, communication and information systems. The manner in which it has integrated and revolutionized the world makes tongue wage.
Pros of Globalization are:
Cons of Globalization include:
The following is an essay on globalization:
Impacts of Globalization Essay
Globalization has been over the years spearheaded by a variety of factors including economic, political and social factors. Technology and information systems have further propelled the progress of globalization.
The world is increasingly becoming interdependent due to effects of globalization. Many business entrepreneurs around the world are continually signing business pacts to work mutually, increasing the numbers of interdependence. Political leaders around the world have realized that they cannot influence the world independently hence the merger of political collaborations to have absolute control of the world.
The following are some of the sectors that globalization has impacted immensely:
The rise of trade levels and movement of goods from one place to another spearheaded the extended growth rate of the global economy. This has created an increased interdependence of nations with objectives of forming blocks and unions to become the next global powerhouse. Governments have realized that they can’t succeed independently, but with joint forces, they can increase production of goods and services and meet the increased demand the world is facing currently. Increased growth of industries and companies has increased the demand for finances which has led to the mushrooming of banks that provide loans and help in the safekeeping of companies’ investments. This has seen the growth of global economies by tenfold.
Big multinational companies like Coca-Cola are taking advantage of globalization by increasing their levels of production and focusing on how to maximize profits. This has dwarfed the emerging small businesses in the market as they cannot cope with the increasing demand for goods and services in the market and the high cost of production.
Advancement of globalization has led to the restructuring of companies both in developed and developing nations. Developed nations are exploiting the developing countries by setting up many of their industries in these impoverished nations. They take advantage of the surplus of raw materials, decreased the cost of production and low wages to employees. These industries know that developing countries have less or no strict rules when it comes to pollution and also few requirements needed to be approved to set up industries unlike in developed countries. Once these industries exhaust the resources of a nation, they relocate to new areas with initial greener pasture to them. The vicious cycle continues as these multinational companies use their financial muscle to maneuver their desires to the unsuspecting host nation.
Globalization has given countries like the United States and Western nations the unfair advantage over other countries to control the world. They wield and possess advanced communication, information systems and have immense financial powers. They know too well that they are far much ahead of other nations hence use these advantages to subtly enforce their agendas of creating wealth at the expense of uplifting other problems faced by developing countries.
To different extents exclusive of developed nations’ interference, globalization has seen the improvement of technology, information systems and increment in the nation’s economy. This has propagated some of the developed countries to be now called middle income earning lands. When the question of developed nations comes to play, they discriminate the developing country to create the theme of dependence and give them dominion over the rest of the nations. Studies revealed by the United Nations Development Report have shown that globalization has immensely increased the gap between developed and developing countries.
The interdependence among nations saw the world fall into economic crisis when the United States stock exchange market went into recession in 2003.
As long as developed nations negatively use their advancement to oppress the developing countries, we will not realize the fruits of globalization.
Globalization has led to increased focus on machinery and less emphasis on face-to-face communication. Before the advent of communication, people gave priority to physical contact compared to nowadays where everybody prefers the use of communication devices to convey pieces of information to one another.
Culture has also changed with people forgetting the traditional practices and spending most of their time online sharing ideas and flossing with the acquisition of new advanced instruments of living.
As much as globalization has led to increased migration of people to foreign nations, host nation’s inhabitants and immigrants’ wars have led to social unrest as the inhabitants want the immigrants to assimilate with the social norms of the host country and immigrants obstinate to retain their mother country social beliefs.
Globalization has favored countries like the United States of America to have dominion and control the world. They have financial muscle, machinery for mass destruction and technical expertise. They use these to maneuver their political agendas all over the world. This has led to the emergence of countries known as “the puppets of the west” because they are very dependent on the world superpowers.
Excluding the negative impacts of globalization, world leaders can make decisions on emergencies inflicting the world like global warming thank the advances communication, and information systems brought about by conception of globalization.
Globalization is immensely affecting economic, social and political aspects of the world. Its presence cuts across both the merits and demerits of globalization. Notorious superpower nations have a reputation for using the advantage they have on globalization to oppress the developing countries. They maneuver their interest at the expense of helping the nations at the brink of humanitarian crisis. An essay about globalization should advocate for the unanimous prevention of demerits of globalization.
Globalization is the way to go for the world to continue in its journey of development. Superpowers need to show goodwill and withdraw their maneuvering ways of using globalization to oppress their victims. Globalization essay examples should advocate for proper use of globalization.