Globalization refers to the expansion of trade and commerce between all countries but now it has encompassed many other spheres of life. People can now travel anywhere facing fewer immigration barriers and can communicate with anyone staying anywhere within seconds. People of the world have become so close to each other that they live like families in a global village. They are like next-door neighbors. Globalization has helped capitalist countries by providing a global market while people in developing countries are getting jobs in these countries. The latest information technology and improved transport have made the process of globalization faster. Globalization has many advantages. People can easily reach out for help and cooperation from people all over the world. They can learn about the latest scientific, medical, and technological progress in any part of the world and avail of these facilities. They can work together for a better world. On the other hand, many people believe that globalization is a threat to national cultural identity because different cultures are interacting and creating a global culture although it is not an unmixed blessing. If globalization is compared to a ship, the developed countries are on the upper deck while the underdeveloped ones are on the lower deck with extremely inadequate food, clothing, shelter, healthcare, education, recreation, or any other necessity. What’s more, cultural aggression in the name of globalization will sap the vitality of our own culture and tradition, values and customs, and so forth.
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Globalization
Globalization has become a buzzword in the present age. It aims to expand trade and commerce all over the world. But it has other aspects too. It has brought the world closer to rapid transport facilities. Now the countries of the world are like families in a village. We can share our joys and sorrows like next-door neighbors. Any type of help is given to a distressed country. But it is creating more opportunities for developed countries. Our cheap labor is being exploited by developed countries. The workers of developing countries cannot match with powerful capitalism. They are traveling in the third-class decks. They are being deprived of all basic rights. Thus globalization is making the gap between wealth and poverty. So, globalization has become a curse for poor countries like ours. It is a benediction only for the developed countries.