globalization2

             Globalization describes the increased mobility of goods, services, labor, technology and capital throughout the world. Globalization is an international social, political, economic and cultural process, which has speeded up dramatically in the last twenty years as technological advances make it easier for people to travel, communicate, and do business internationally. Major factors that influence the speed spread of globalization are advances in telecommunications infrastructure and widely usage of Internet.
             Globalization and spread of technology have great impact on human beings and countries. Thus, as globalization becomes a more and more common feature of world economy, politics, social life and environment, pro-globalization and anti-globalization lobbies have arisen. The pro-globalization lobby argues that globalization brings about much increased opportunities for almost everyone. On the other hand, the anti-globalization group argues that the globalization process has dramatic negative effects. They strengthen their claim with a contra argument without being subjective about the issue; though they admit that globalization means the spread of information and communication technology, the world has been divided between the connected and the isolated by the globalization.
             Globalization and spread of technology lead to negative impact on the economy, democracy, politics of the developing countries, social, environmental hazards of the world.
             Globalization has side effects on the economies of developing countries. Globalization implies that countries are becoming more integrated to world economy. Greater economic integration means more competition. At first, unequal distribution of economic benefits resulting in increased poverty rates and income inequality between nations.
             The other negative effects of globalization include uncontrolled increased competition. Competition can be thought as contributing advantages to people ...

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