Benefits and Inconvenience of a Globalized World Essay -- Globalization

The world has had several changed as well as the thrift, technology and everything that represent advancement to the humanity. All these things today are world led by the globalisation which is, in turn, the free market capitalist economy with the purpose to create advancement and integration for the world. It is important to say that globalization is neither good nor bad, but it is an idea that has been created for the worlds best. The task of this idea is that, although it has brought great benefits, the results discombobulate been devastating. In terms of firms, the little businesses have been affected by the big ones, bringing as results the closure of them. In environmental issues, it has replaced the recreational area by industrial parks, which has increased the pollution. globalization has excessively increased poverty and slum population, exploitation, inequality around the world.virtuoso of the principal purposes of globalization is to help businesses to improve in the marketplace. However, how come something that is so-called to bring development has turned into a problem for firms? Let us make an example, if you go to China and you are planning to deprave a Chinese Food, but on your way to buy it, you are peach by a typical American fast sustenance cognise as McDonald. In that moment, perhaps, you will feel more attracted by your home-country food than the inappropriate one. There is when globalization starts because in that moment, the place where you were going to buy the Chinese Food lost you as a client because of the competition. It is commanding that globalization has opened its arms and torn down their barriers allowing business from other country to sell overseas. However, this free market capitalism has brought serious consequences to foreign businesses.... ...t without industrialization, the sources of jobs are limited. As a consequence, the unemployed population increase and the economy decrease as well. Davis claimed that t he Third World now contains many examples of capital-intensive countrysides and labour-intensive deindustrialized cities. Overurbanization, in other words, is driven by the reproduction of poverty, not by the supply of jobs (Davis 16).To sum up, the globalization is not either good or bad but just an idea for the best of the world. It has brought industrialization, technological advancement, interlocking and development to the cities as well. Although globalization has been a source of good development, it also has had its disadvantages such as increment in poverty and slum population, exploitation, environmental problems, shut down of little business, and inequality around the world.