Globalisation: different perspectives

1. Globalisation defines a process by which various economies, cultures and societies across the Globe are integrated. 2. It affects the people of different regions in a different way. 3. Globalisation, like many other phenomenons, has both the pros and cons. 4. People from developed nations might not appreciate the term as much as the people from developing nations would. 5. It helps the Developing nations not only to grow their economy but also to think and advance in every field like the already Developed nations does. 6. So, the term is more meaningful and has more value for the people living in developing nations.

Globalisation defines a process by which various economies, cultures and societies across the Globe are integrated. People from different culture come together through various mediums, like electronics communication, and trade with each other. The trading could be of anything, be it economy, culture or any form of art. The term appeals more to the Developing nations than the Developed nations because it helps them grow and compete with the Developed nations. Developed nations, on the other hand, might not like the term as some might consider it an hazard to their nation. One of the latest examples of this phenomenon is announcement by President Obama regarding the outsourcing of jobs to Asian Countries. However, a detailed analysis of the term suggests that it is equally valuable for both the Developing as well as the developed nations. 1. Why do people from Developing nations do appreciate the term? 2. Developed nations do not support the phenomenon as much as the Developing nations do. 3. Globalisation helps not only grow the developing nations but also the Developed nations. In conclusion, it might seem that the term is more meaningful and has more value for the people living in developing nations. But if examined closely, the phenomenon is important for all the nations equally. On one hand people from developing nations get more jobs and o pportunity and on the other hand, people and corporate from Developed nations get their jobs done faster and at cheaper rates. Globalisation makes the nations inter-dependant. So it is a win-win situation for both sides of the World.

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