Globalization And Its Effects

The mentality of people around the world is becoming very similar especially starting from the 21st century. People nowadays when travel abroad, have no more the problem of finding the goods that they were used to purchase in their native countries. Communications among different nations across the globe are more common and easier since this phenomenon has broken and still aggressively breaking the barriers among different nations. This phenomenon is called globalization. The boundaries that previously were considered as an indicator of different nations with very different cultural traits in each country are no more the same, boundaries among different countries are now becoming only a way to distinguish the geographic location of each country. Globalization is spreading from developed countries to developing and underdeveloped countries, and it has its advantages and disadvantages on the hosting country.

Globalization has helped many poor countries to increase the standard of living of their population. Multinational companies are seeking ways to establish their companies in third world countries because of the cheap labor force. They hire workers from host country and gradually integrate their culture and values with the citizens of the host country. Moreover, not only multinational companies take with them intangible traits but also tangible goods such as technology. Technology in its own is paving the way for globalization, and helping the population of the host country to seize the advantages of the technology and implement gradually in their daily lives. In addition to this, technology helps people to keep in touch with people in developed countries and through this communication, exchange of values takes place which in its turn widens the scope of thinking of those people. Talking only about the advantages of globalization and neglecting the negative sides of globalization will give a shiny image about this phenomenon, which in fact is not the case. Globalization has its negative effect on the environment, and since third world countries do not implement strict environmental laws on factories established there, these countries will go after generating highest possible revenues for their shareholders on the expense of the environment and the health of the local people. Furthermore, the diversity that used to exist among different nations is being vanished and losing the uniqueness of each nation.

To conclude, it is undeniable fact that globalization is spreading across the world with snowball effect, so taking only the good points from this phenomenon will make the world a better place to live.