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made communication and transportation easier, making it light. Through this, people and
countries are flowing throughout the globe. It has become less complicated, considering it as
liquid. This form of globalisation has allowed countries and nations to come together.
For example, a local company in country A can make a product and sell it locally
while having another local company as their competitor. However, with globalisation,
another country, country B, is able to sell the exact same product in country A for cheaper
due to having a cheaper production cost. This makes it possible for more products and
services to be available to more people at affordable prices, but it takes business away from
local companies.
Globalisation also allows the flow of knowledge, cultural practices, and language
Although globalisation is seen to have many positive attributes, there are still negative
affects that come with it. Globalisation affects the environment as well as some regions of the
world. Some companies are known to take their industrial productions out of their local
countries to more economically disadvantaged countries. This causes people to lose but opens
up opportunities for those in the economically disadvantaged country. However, they are paid
much lower salaries, and are not given basic human necessities such as health insurance. This
Another disadvantage is how the use of ships, airplanes, and cargo ships for
continuous transport of goods and people have contributed to climate change by the amount
of carbon dioxide emissions into the atmosphere. This is one of the main causes of global
warming.
Globalisation is neither good nor bad, with many effects on different aspects. What is