You are on page 1of 1

Advantages and disadvantages of globalization

Globalization is a word used to describe the growing interdependence of the


world’s economies, cultures, and populations. It refers to the integration of the
world nations. The real fact is that globalization is not a new phenomenon.
Globalization has more positive outcomes than the negative ones.
furthermore, globalization helps in improving the economic growth of the
developing countries. In my opinion the biggest advantage of globalization is that
it makes different countries introduce each other and merge their cultures.
On the other hand globalization has some disadvantages. Globalization is the
condition of weak sections of the society, as they are getting poorer and the rich
are getting richer, so it increases inequality. Globalization makes small nations
disappear.
In conclusion, it is evident that globalization results in both negative and
positive consequences. It is a dynamic process which involves change, so flexibility
among people is a must.

You might also like