Globalisation is boon or bane. Discuss


Globalisation can be defined as the cross-border  exchange and transaction of goods and products as of how to increase the economic interdependence of the countries worldwide.  Globalisation helps many companies and corporation to grow at faster pace but all int all, its negative impacts can also be incurred and judged differently. It is beneficial for many tycoons (wealthy and powerful person) but it is the reason of destruction of some people too. I will explore my viewpoints in the following paragraphs.

At the outset, gone are the days  when people used to complete their long distance to buy or sell their products, but as if the technology has been progressing leaps and bounds due to globalisation, it has become handy to buy anything anywhere. Moreover, the employment rate in all sectors has been increased worldwide. The relations between countries seems to be uplifted due to the easily movement of goods. The poor nations are getting huge benefits after the world became the global market. Furthermore, the sea change has been seen in the living standard of the people due to better options in choosing various products. Probing further, it has also become easy for the students to move around  the world and get education and experience in developed nations.

But every rose flower has the bush of thorn with it. On the flip side, globalisation id  the reason why the local and small scale industries have been demolished. Adding, due to establishment of new industries and factories, the ecological imbalance and destruction of flora and fauna and scenic beauty has been has been covered in every country. Lastly, various disease such as HIV/AIDS ans typhoid fever have been increased by the travellers and so the majority of people get affected by these health aliments.

To recapitulate, it can be said that although there are may advantages of globalisation yet the disadvantages should never be marginalised and proper precautions and care should be taken at every step.

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