The pros and cons of globalization

So in this essay let's know it one by one what was the pros and cons of globalization in a countries.
Globalization allows companies to find cheaper ways to produce their products. It also increases global
competition, which lowers prices and creates a greater variety of choices for consumers. The reduced
cost will help people in both developing and developed countries live better with less money,

Globalization has been opened the process of free trade around the world. This is also one of its good
effects. An example is the exchange of products. It has become faster under globalization although
countries have become open to enjoying foreign products. There was also a way to facilitate the spread
of information, data, and news among countries because they began to share their knowledge. The
economy of other countries also increased due to tourism caused by globalization, and People are free
to find work, and Monopoly can be avoided. Globalization is good in a way that it helps to unite every
country and it helps the country to be prosperous.

Due to globalization it increases the number of exports and imports in a country. It gives reconciliation
of countries regarding the issue of nature, and through globalization, there is an opportunity for the
citizens of a country to have a job, which will help in the development of a person's life, it has increased
the opportunity for people to be able to work and find work freely, and because of globalization a
country learns to different languages and cultures of another countries, and a country also learns and
develops their technology learning, and because of globalization it changes the way of life of a country,
and I think does Ideas I share was the pros of having globalization in a country,

If globalization has good effects it also has bad effects, although this is for the good of many people in
different countries, it also has negative effects such as the loss of local leaders. Due to globalization,
people's consumption of products or services made in other countries has increased that they forget to
support and enjoy products made in their country. The loss of national identity also enters into this.
Another thing is that commodity prices are increasing because the products are still coming from other
countries. One of the bad effects of globalization is the existence of environmental issues such as
Climate Change, Global Warming and others. If we don't often buy things that we don't need, the
production of each factory will be enough, and if this happens, the pollution it emits will decrease and
our environment will be healthy. Another example is buying our own food, car, if you think about it, It
has a big impact on the economy because, with the increase in people who can afford to buy their own
car, it also causes an increase in pollution because one of the fumes that comes from it.
Globalization also causes poverty between the growth of the gap between the rich and the poor.
Because of globalization, there has been a constant movement and increase in the prices of products
and services that cause poverty to the Filipino people. The change of the things are just like clothes,
there are people who want to follow the trend that's why with the release of a new product, the
increase of the old product is wasted and the grave becomes obsolete. Therefore, people who do not
have much capacity for such things have been left behind and the gap between them is getting bigger
compared to the person who can follow the trend.

Globalization also causes an increase in unemployment due to the collapse of small businesses due to
losses, a decrease in the value of workers' wages, tightening of labor regulations, and the closure or
bankruptcy of local companies and industries. Another reason that it has a negative effect because it
worsens the economic problem of a country just as the economy of a country is easily affected by the
economic turmoil of other countries.

Many opinions emerge and formed regarding in the positive and negative effects of globalization in a
country. If I were to be asked if globalization has pros and cons, I would answer yes, everything or
situation has pros and cons. it's just how do we balance it correctly and agree that it's okay for a country
to have globalization as long as it doesn't neglect and put aside the identity of its own country, and here
ends my thoughts expression regarding the pros and cons of globalization.