The Effects of Globalization on Developing Countries
Developing countries are effected positively and negatively in
many aspects, from internal affairs to external affairs. Globalization can have very drastic impacts on a country both positive and negative. I will examine the effects both positive and negative of globalization on developing countries economy, Trade process, education and health system. Globalization can have very drastic impacts on a country both positive and negative. ... However, globalization has had its negative effects on these less developed nations. Globalization has increased inequality in developing nations between the rich and the poor. The benefit of globalization is not universal. List the advantages and disadvantages of globalization
Increased free trade and communication between nations,
along with increased access to technology, media, education, healthcare, consumer goods, and other resources are often considered advantages of globalization. Some disadvantages of globalization include exploitation of developing countries, cultural homogenization, and adverse effects on local economies and the environment. Globalization is a complex issue, and while some argue that it reduces global poverty, others argue that it actually increases wealth inequality worldwide. Why is globalization important
Globalization is the process of international integration arising
from the interchange of world views, products, ideas and other aspects of culture. Advances in transportation and telecommunications infrastructure, including the rise of the telegraph and its posterity the Internet, are major factors in globalization, generating further interdependence of economic and cultural activities.