The impact of Globalisation

Globalization is a term to show the way people interact with one another economically, politically, and culturally, which leads a great impact to countries, companies, and individuals. Obviously, globalisation bring lots of benefits to many areas such as culture, foreign trade and investment, international market, etc, but also drawbacks to the world such as unemployment and pollution that people cannot ignore it.

First of all, globalisation contributes the world in different areas. Culture is a big area that was positively affected by globlisation, people can find out better way to develop their society and can learn from the culture of other country. For example, people can learn others languages, food, traditional event and religion. Also, globalisation influence movie and music style.

Moreover, traditional goods not only sell in its local area, but also in different cities or countries as Weston goods can be found in China or Japan, which means companies can expand their operations into international market to sell their product and services, such as McDonalds and Nike that I mentioned in the last two posts, they expands their operations as franchising and exporting products to other countries. People can get whatever they want from any country. The benefit of globalisation offer many opportunities for foreign investor to take advantage from this global market.

Furthermore, technology such as phone and internet can make people closer even if each other is living in different countries, which is increased communication. Efficiency of communication leads frequent business activities, which means decision making of the company will faster than before. Also, people can easily get information over the world.

Consequently, globalisation is good for the world whatever they are developing countries or developed countries. For developing countries, they can have a better education, improved industry and growing market. For developed countries, they are facing lots of opportunities to invest or do business outside their country, which will increase the competition in the market. It also leads to an increased quality of the product.

However, there are some negative effects to doing globalisation. The biggest concern is jobs insecurity. For instance, companies are willing to move their manufactory to developing countries from developed countries, which is aim to reduce their operating and productivity cost. Developed countries local employment opportunities are decreasing because of the movement of industry.

Moreover, globalisation may influence people behavior as a negative side from other countries culture such eating habits, language and behavior. For example, Hong Kong has been affected by the western culture that more teenagers go to club and bar aim to have fun.

Also, improved transport may influence environment at all that the demand of energy has been increasing year by year. For instance, fuel and oil is used by airplane, ship and car. Some accident from the transport will lead a huge damage to the environment, species and living things may die because of the pollution.

To sum up, globalisation truly gives a better force and opportunities for people to communicate and do business, and benefit lots of area such as technology, education, foreign trade and culture. At the same time, people should deeply discuss the negative effect such as pollution, and tackle the problems.