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GLOBALIZA-
TION
GLOBALIZATION CONCEPT MAP
Beneficial Detrimental
etrimental
GLOBALIZATION
Globalization is the interaction among people over different countries. It is mainly used in economics
specifically when doing trade over a certain product or service. It was done around for so many years
even in the time of our ancestors. It was used to negotiate to other countries to help each other to grow
by introducing new products or service that may be beneficiary. As time passed, globalization has accel-
erated with the help of the innovation of transportation and communication technology. Globaliza-
tion can be beneficial or even detrimental. Some aspects that were mostly feature in promoting global-
ization are technology, environment, culture and Politics. In technology, there is a mobile banking or on-
line shopping apps that makes it easier to buy products from foreign countries. In environment, there is
the World Health Organization (WHO) that hold every information about health status of different coun-
tries and they can endorse a certain lifestyle around the globe based in the country who’s doing a lot
better in keeping everyone safe and healthy. In culture, food industry really benefited from Globalization
Foreign foods have been introduced that widen the preference of local citizens. In politics, there are or-
ganization like United Nations (UN) and Association of Southeast Asian Nations (ASEAN) where the lead-
ers from different countries gather together to make a union which promotes intergovernmental coop-
eration and facilitates economic, political, security, military, educational, and sociocultural integration.
The downside of globalization is that it may also involve conflict with another party that may possibly
lead to warfare between countries. Another thing is that, it may also increase competition in the busi-
ness world that resources will be insufficient to fulfill every indemand enterprises.