Globalization isn’t a new process. It’s actually been around for thousands of years. It’s the process of interaction between people and integration among each other. This includes integration of companies, governments, nations and processes used in the trade across the world. It is a process that has effects on the entire society, environment, politics and culture, as well as the economic development of the world. This can also influence wealth, prosperity and physical well-being of people in the world. Because globalization means that people from great distances buy and sell goods from each other, it also means people have invested in other countries and their companies for centuries. It sounds like there are no negative sides to this collaboration. However, there are bad effects of globalization that might have a stronger influence on the society than the benefits of globalization.
Starting off with the one of the first of negative impacts of globalization, it increase the emissions of CO2. How exactly? The fact is, the companies and enterprises require more and more goods, which means factories burn more coal quickly, thus increasing the release of carbon dioxide into the environment. Needless to say, this has a terrible effect on the environment, causing global warming to speed up and endanger our overall existence in a couple of decades. The more goods and service countries and people require, and the more affordable prices are due to the competitive nature of companies, the higher the negative impact will be on the environment. This is not something companies usually consider as their priority, but is one of the major factors why we are faced with global warming.
Globalization also influences employment in many countries. This process has led to a transfer of jobs from develop, and highly-successful countries to those that are less developed. This means that, less developed countries, that have lower wages overall, inexpensive coal, light rules when it comes to pollution are able to create an atmosphere where other countries can’t possibly compete. Just in the US, the percentage of employed citizens has drastically dropped, especially since China joined the World Trade Organization. However, the globalization negative effects can be seen all around the world, not just in the USA. So many countries are hiring help off shore due to employees who are willing to do the same job, at lower prices, which actually influences the economy of a country in a negative way.
Another one of the negatives of globalizations that ordinary citizens can actually notice is the tax changes. With big companies that can move around to locations where the taxes are lower, citizens feel the changes in taxes the most. People can’t move from location to location, due to their jobs and personal lives. There’s also the fact that with the lack of jobs caused by globalization, communities are basically competing with each other, in the sense who will give more tax breaks to their employers. This in essence means, globalization is transferring taxes over to the ordinary citizens, away from the corporations.
It is a fact that globalization has created a very competitive environment in the entire world. Each country strives to sell as many goods and services, at the lowest price possible. The prices are important, because the lower and more affordable the prices are among competitors, the bigger the demand, because the people are always going for what’s ultimately cheaper. This has triggered the so-called currency race to the bottom. This makes every country drop the value of its currency. And this isn’t the only effect of globalization, when value is concerned. Another way companies cut down on costs and sell at the lowest price is by paying lower wages to their employees, using cheaper fuels that pollute the environment more, and essentially let more pollution into the air causing global warm to become more intense.
One of the major negative consequences of globalization revolved around independence. Or for that matter, the lack of it in certain countries. In a certain way, globalization has encouraged the dependence on certain goods and services in some countries. Certain countries may rely on import more than on the production process overall. This leads to countries stopping to produce their own goods, such as clothing and food, and import it entirely from other countries, putting their well-being into the hands of another country. So far the system has worked, but what happens when dependent countries are left without resources, because the system starts to fail. And this dependence isn’t just on food and clothing, but on technology as well. If a country doesn’t produce their own goods, they are in high risk of a crisis, if these resources potentially stop functioning.
Last but not least, globalization is a process that enables countries to collaborate with each other through integration of systems, making these countries not just possibly dependent on each other but tied together tightly, creating a chain. This chain can mean, if a country collapses due to a certain reason, it is likely to influence other countries it is connected through the system of globalization, endangering all countries it’s connected to. There have been many examples like this in history. Civilizations that started off small, grew and eventually over-utilized their resource base, after which it ended up collapsing. Although this has happened in the past, and our systems have evolved, we are still involved in a very similar situations, if not potentially more dangerous now, because of the large number of countries who are linked together through globalization.
Globalization is an inevitable process that has been around for thousands of years and has continued to develop further using all the resources possible to make trade more efficient. With all of the above mentioned negative effects of globalization, it leads us to the conclusion that if globalization had a negative impact on civilizations and countries before, causing them to collapse completely, this event is bound to happen again in the future. The question is just when.
Globalization is the process used by businesses and organizations especially to develop international influence of technological advancement on an international scale.
Essay on Globalization
Globalization is a most common topic now-a-days students can be assigned for writing essay in their school or during essay writing competition. We have provided Globalization essay under various word limits for the students. All the Globalization essays are written using very simple words. Dear students you can select any of the Essay on Globalization according to your need and requirement.
Globalization Essay 1 (100 words)
Globalization is the process of growing, developing and expanding the business, services or technologies all through the world. It is the expansion of various businesses to the global markets throughout the world. It requires huge international investment to develop large multinational corporations for the worldwide economic integration. It is to increase the connectivity and interdependence of the businesses in the worldwide markets. In the last few decades, globalization has taken the form of technological advancement which resulted in easier travel, communication, and other businesses on international level for the people. On one hand, where globalization has made easy access of technologies to the people, it has also decreased the opportunity of success by increasing competition.
Globalization Essay 2 (150 words)
Globalization is making the availability of businesses or technologies all across the world through the speed of markets. Globalization is making various huge changes in the world where people are moving away from their self-contained countries to the more integrated world. In order to globalize a business, a company need to bring change in a business strategy made for a single country to the special one having ability to operate in multiple countries.
Impact of Globalization
Globalization impacts a business and a company in various ways. Globalization impact on businesses in the worldwide market can be described under two broad categories of market globalization and production globalization. Market globalization is the reduction in selling barriers of products or services to other countries other than its home country. It is very necessary for a company to make success easier by effectively globalizing selling products to the international market. Production globalization is the set up of plant in many countries to produce products locally on low labour cost and earn more profit than its home country.
Globalization Essay 3 (200 words)
Globalization is the spreading of anything worldwide. However, generally it is the process of globalizing products, businesses, technologies, philosophies, etc all through the world. It is the creation of a successful interconnected marketplace without any limitation of time zone and national boundaries. The most common and clear example of globalization is the spread of McDonalds restaurants all around the world. It became so successful in the worldwide markets because of its effective strategy adapting the culture of different countries in their menus to suit local tastes of people. We can say it as internationalization which is a great combination of both, the globalization and the localization.
It is very hard to decide whether the revolution of global marketplace is beneficial or harmful to the humanity. It is still a big confusion. However, it is also tough to ignore that globalization has created greater opportunities to people worldwide. It has changed status and way of living of people in the society to a great extent. It is hugely benefiting the developing nations by providing various developmental opportunities. If we take it positively, it may eradicate the regional diversity and establish a homogenized world culture. It is supported by the information technology and show huge interaction and integration among businesses, companies, government and people of various countries. Globalization has positively and negatively affected the tradition, culture, political system, economic development, lifestyle, prosperity, etc.
Globalization Essay 4 (250 words)
In the last few decades globalization has been very fast which has resulted in the worldwide economical, social, political and cultural integration through the advancement in the technologies, telecommunication, transportation, etc. It has affected human lives in both positive and negative manner; its negative effects are needed to be addressed accordingly. Globalization has contributed a lot to the worldwide economies in various positive ways. Unbelievable advancement in the science and technologies has given amazing opportunity to the businesses to easily spread across the territorial boundaries.
Just because of the globalization, there has been huge economical growth of the companies. They have been more productive and thus given rise a more competitive world. There is a competition in the quality of products, services, etc. Successful companies of the developed countries are establishing their foreign branches to take advantage locally through the low cost man labor than their home countries. Such type of business activities are giving employment to the people of developing or poor countries thus giving way to go ahead.
Together with the positive aspects of the globalization, negative aspects are not forgettable. There has been risk of epidemic diseases by means of transportation from one country to another. There has been proper control of the government of all countries on the globalization in order to reduce its negative impacts on the human lives.
Globalization Essay 5 (300 words)
Globalization is a process of worldwide spread of science, technologies, businesses, etc through the means of transportation, communication, and trade. Globalization has affected almost all the countries worldwide in various ways such as socially, economically, politically, and psychologically too. Globalization is a term indicating fast and continues integration and interdependence of countries in the field of business and technologies. The effects of globalization have been seen on the tradition, environment, culture, security, lifestyle, and ideas. There are many factors affecting and accelerating globalization trends worldwide.
The reason of acceleration in the globalization is because of the people demands, free-trade activities, worldwide acceptance of markets, emerging new technologies, new researches in the science, etc. Globalization has huge negative impacts on the environment and given rise to various environmental issues like water pollution, deforestation, air pollution, soil pollution, contamination of water resources, climate change, biodiversity loss, etc. All the ever growing environmental issues need to be solved on urgent basis by international efforts otherwise they may finish the existence of life on the earth a day in future.
In order to prevent the loss of environment, there is need of globalization of eco-friendly technologies and huge level environmental awareness among people. In order to deal with the negative effects of globalization, companies need to develop greener technologies which may replace the current status of the environment. However, globalization has helped a lot positively to save the environment by improving various resources (reducing adverse effects on the environment like hybrid cars using less fuel) and promoting education.
Apple brand has also aimed to manufacture Eco-friendly products to reduce negative impacts of globalization and exceed positive effects. Increasing demands of the ever increasing population lead towards extensive deforestation causing great level environmental issue. Till now, almost half of the useful forests have been cut in the past years. So, there is a need to make globalization under control to reduce its negative effects.
Globalization Essay 6 (400 words)
Globalization is the way to open businesses, improve technological growth, economy, etc on international level for the international players. It is the way to manufacturers and producers of the products or goods to sell their products globally without any restriction. It provides huge profit to the businessmen as they get low cost labor in poor countries easily through the globalization. It provides a big opportunity to the companies to deal with the worldwide market. It facilitates any country to participate, set up or merge industries, invest in equity or shares, selling of products or services in any country.
How Globalization Work
Globalization helps global market to consider whole world as a single market. Traders are extending their areas of business by focusing world as a global village. Earlier to the 1990s, there was restriction of importing certain products which were already manufactured in India like agricultural products, engineering goods, food items, toiletries, etc. However, during 1990s there was a pressure from rich countries over World Trade Organization, World Bank (engaged in development financing activities), and International Monetary Fund to allow other countries to spread their businesses by opening trade and market in the poor and developing countries. In India the globalization and liberalization process was started in 1991 under the Union Finance Minister (Manmohan Singh).
After many years, globalization has brought major revolution in the Indian market when multinational brands came to India like PepsiCo, KFC, Mc. Donald, Boomer Chewing gums, IBM, Nokia, Ericsson, Aiwa etc and started delivering wide range of quality products at cheap prices. All the dominating brands shown real revolution of globalization here as a tremendous boost to the industrial sector economy. Prices of the quality products are getting down because of the cut throat competition running in the market.
Globalization and liberalization of the businesses in the Indian market is flooding the quality foreign products however affecting the local Indian industries adversely to a great extent resulting in the job loss of poor and uneducated workers. Globalization has been bonanza for the consumers however grave for the small-scale Indian producers.
Positive Effects of Globalization
- Globalization has affected the Indian students and education sectors to a great extent by making available study books and huge information over internet. Collaboration of foreign universities with the Indian universities has brought a huge change in the education industry.
- Health sectors are also affected a lot by the globalization of common medicines, health monitoring electronic machines, etc.
- Globalization of trade in the agricultural sector has brought variety of quality seeds having disease resistance property. However it is not good for the poor Indian farmers because of costly seeds and agricultural technologies.
- It has brought a huge revolution to the employment sector by the spread of businesses like cottage, handloom, carpet, artisans and carving, ceramic, jewellery, and glassware etc.
Globalization has brought variety of affordable priced quality products and overall economic benefits to the developing countries as well as employment to the large population. However, it has given rise to the competition, crime, anti-national activities, terrorism etc. So, together with the happiness it has brought some sadness also.
Globalization is positively needed by the society and country to go ahead and become a developed society and nation. A range of globalization essay is given above to help students getting education in various classes. Essay on globalization given above are easily worded and written by the professional content writer by keeping in mind the need and requirement of students. You can also get other related essays and related information such as:
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