Is Globalization Good or Bad? A Comparative Analysis.
The debate that is globalization good or bad reveals the direct relation with positive and negative effects, as companies maximize profits through globalization developing countries can be exploited create greater inequalities, which deters global economic growth over time.Globalization has its good and bad sides. It good side cannot be overemphasized but its bad side cannot be ignored. One of its bad sides is the adverse impact on human rights. There are group of “human rights” in the form of economic rights, labor rights, cultural rights, civil and political rights etc.Sample Essay Globalization is considered as a modern economic trend and it is known as a collective approach in which the people of the world are combined and unified together in a single society that functions together. The different trends of globalization are technological, socio-cultural, political, economic and etc.
The debate on whether globalization is good or bad for any particular community has been going on since ages and while some people stress on the benefits of globalization; others pay more attention towards the compromises and risks of achieving globalization.Globalization is both, good and bad. If channeled in the right way, it can open up several new avenues. If channeled in the wrong way, it can destroy economies. Globalization is the integration of economies, societies and cultures of varied worlds through the process of technology, politics and trade.
Is Globalization Good or Bad? Employment. In regard of employment many sceptics argue that the process. Inequality. Another major aspect of globalisation is its affect on world inequality. Environment. Another very important feature of globalisation is its impact on the environment. FDI.
