The model answer for Globalization Essay
Write about the following topic:
Even though globalization affects the world’s economies in a very positive way, its negative side should not be forgotten. Discuss.
You should spend about 20 minutes on this task. Write at least 250 words.
Undoubtedly, globalization has provided a humungous amount of benefits to developed, developing as well as under-developed nations; however, there are some disadvantages as well. I will discuss the advantages and the disadvantages of globalization in the following paragraphs.
To begin with the negatives of globalization; first of all, expansion of media has resulted in generation gap as well as cultural shock. Teenagers and adolescents follow their favorite celebrities and imitate their lifestyle, the way of dressing and habits. As a result, they lose their individuality and just end up being a copy of someone else. Next, due to advancements in modes of transportation, it has now become very easy to travel locally and overseas. And, due to increase in tourism, most of the nations have become victims of epidemic diseases, which were only observed in impoverished parts of the world.
On the other hand, globalization has resulted in manifold positives, first out of which is economic growth of nations. To expand their business, Multinational Companies (MNCs) set up their offices in different countries, which increases the employment and development rate of the nations, in which MNCs set up their business. Secondly, globalization has transformed the entire world into a global village. Earlier, the thought of traveling from one city to another used to traumatize the people, but now a person can complete a journey of thousand miles in just a few hours.
After analyzing the benefits as well as the drawbacks of globalization, it can be concluded that although globalization has resulted in some disadvantages, yet its benefits can never be ignored. Governments and natives should see the benefits of globalization and work wholeheartedly to transform its negatives into positives.