Sunday, January 22, 2012

Globalization

Coca Cola - Symbol of globalization

Your shirt was made in Mexico and your shoes in China. Your CD player comes from Japan. You can travel to Moscow and eat a Big Mac there and you can watch an American film in France. Today goods are made and sold all over the world. Thanks to globalization, who made everything easier.

Globalization is growing quickly. A German company can produce cars in Brazil and then sell them in the United States. A businessman in Argentina can buy a part of a company in Belgium on one day and sell parts of another business in China the next. Thanks again to globalization. It’s not only about business we can also talk about fast food companies like KFC for example it’s now almost around the world. That’s what we call globalization. Everything can become in a second worldwide.

Everything in life has advantages and disadvantages just like globalization. The good sides of globalization are that it gives you more a larger marker. You can sell more goods and make more money and also create more jobs in your country. Globalization also helps by making products cheaper.

On the other side, Globalization may lead to more environmental problems. A company may want to build factories in other countries because environmental laws are not as strict as they are at their own country.  Also some of the poorest countries in the world, especially in Africa, may get even poorer. Their population is not as educated as in developed countries and they don’t have the new technology that developed countries have. In addition human, animal and plant diseases can spread more quickly through globalization.

From my opinion I don’t really like the idea of globalization because it only benefits the developed countries and it has many disadvantages for the undeveloped countries in the whole world. It also can cause forgetting a country’s culture. For example here in Egypt no one buys his cloths from the Egyptian brands everyone buys from “Zara” which is not an Egyptian brand. This is why I don’t like the idea of globalization!

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