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Positive aspects of Globalization

Globalization is about sharing, like Tewolde Egziabher, professor in Biology, said: "I am
local, rural, communal. And I find that the whole world is a community. We have made
progress in asserting our local community rights globally. We shall continue to do so."
Globalization can surely bring a positive change in the world, if people learn how to act
in ethical terms without harming themselves by accepting illegality or imorality.
1) Free market, lower prices, higher quality
One of the positive aspects of globalization is certainly the accesibility of products,
services and technology on the market. A free market allows people all around the world
to choose from a variety of goods, whether they are imported or produced in their
country. Due to the fact that nowadays exists a worldwide market for companies, the
clients are no longer limited to a small number of products, like in the communism. Now
the consummer has the right to choose the good or service that satisfies his need the
most and the standard living can be increased in this way.
For example, someone who lives in Romania can go out and eat Chinese, watch US`s
movies and buy Italian clothes. Acquiring these types of goods, services and technologies
will no longer be seen as something forbidden or impossible to obtain in legal terms. In
the past, these goods were bought mostly from the black market, because the political
system didn`t agree with letting people having free access to imported goods. This
argument indicates the evolution of the society and furthermore the system`s openness
to new, to the idea of a permanent growing economy.
Some countries have labour power, while others happen to have abundant capital
resources or land and forest resources. As an example, the countries specialised in
agriculture will export the products to the lands where this field can`t be very profitable,
because of climate conditions. In exchange, these regions will import, for example, high
technology, from the lands which are specialised in this domain.
A consequence is the fact that nations can specialize in producing higher quality goods at
lower prices, which increases the demand and also the affordability. The divison of
labour enables efficient use of productive factors with minimum wastages. In other
words, globalization may be seen as an exchange between lands, and according to this
fact, the world becomes connected.
2) Development of countries
Another positive side of globalization is the development of poor countries by giving
them access to a higher technology. In these terms, the prosperity of these lands will
spread and the economy will grow. Globalization determines the need of respect for
human rights in the actual society. Problems like facing poverty and a high rate of
unemployement are mostly thought to disapear in regions like Africa, India or China.

that the labour power is cheaper and as a result the profit of the mother company will grow. for example.manufacturing. even though their salary isn`t the same as the one that employees from Germany.wikispaces. we can say that globalization brings more wealth equality throughout the world. Last. but not least.The reason why big companies prefer creating subsidies or affiliates firms in countries like India. the costs of production reduce. which brings a higher profit to the company who invests in the poorer https://economic-globalization. People from these areas accept to . that some companies rather go outsorcing. get. because they are paying lower taxes when producing goods or when they deliver services in countries where the law is more flexible with the producers. There is no doubt. both sides have to win from this process: the host country`s economy grows and in the meanwhile. In conclusion. for exactly the same http://www. Phillippines and China is.iisd. http://www.