My Definition of Globalization


Globalization is an exchange of goods and services between different countries and cultures. Globalization is bringing changes we see around the world in economics, politics and government. It is believed to be shaping the world's politics and foreign relations of virtually every country. While some people think that globalization is only doing international business, I believe it is more than that. People around the world are connected to each other more than ever, Goods and services produced in china are being sold in India and smart Indian engineers are taking over the information technology fields in the US. Globalization has good and bad sides to it. The great advantage of globalization is that countries that have a deficiency in a specific resource or skill can make use of foreign skills or resources to resolve their needs. It also lets poor nations to prosper through trades. It also allows us to meet people from different cultures and learn from their experiences and improve our daily life. The negative side to globalization is that the rich countries keep getting richer by leaving others suffering. It is motivated by greed, competition and dishonesty. The only time I see globalization will be ALL good is when it can help reduce poverty, free people from fatal diseases, give voice to the voiceless, and the less privileged ones get access to vaccination and global wealth.


The Actual Definition of Globalization


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