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2007-12-05 23:55:07 · 4 answers · asked by Twiggy 1 in Social Science Economics

4 answers

People try so hard to stop it, but that is like trying to stop the sun from rising.
If instead, they put thier efforts into making it work more smoothly, they might actually accomplish something beneficial to the world...

2007-12-06 00:16:09 · answer #1 · answered by Anonymous · 0 1

Globalization is a term so often heard these days that even if you are unaware of what it really stands for, you have to admit that it is in the process of rapidly occuring.

Simply put, Globalization refers to the increasing interconnection between people and places as a result of advancements transport, communication and Information Techonology (IT), resulting in economic, political and cultural convergences.

So what is it about the term that sounds negative? Truth is, Globalization is hailed as the provider of the ticket to worldwide progression. But, it certainly comes at an expense that some cannot see; an expense that some choose to deny.

One negative effect identified is related to our environment. If you have heard of how the rise of India and the great 'China Effect' would signify boundless opportunities in global business opprtunities and world output, you might have been less informed that countries driving up production in commodities are simultaneously driving up Carbon Dioxide emissions at a even higher rate. China, to date, has been reported to have exceeded megapower USA, in terms of carbon dioxide emissions. Releases of carbon dioxide of such extensive scale in the long term, serves to aggravate the dreaded Greenhouse Effect which drives up global temperatures, ultimately threatening the sustainabilty of earth as sea levels rise to an extent like never before.

From an economic perspective, Globalization further widens the income gap in today's world. Globalization favours the educated, the IT savvy, the resourceful individuals, the capitalists. To ride on Globalization, one must be sufficiently informed and equipped with the resources to innovate and sustain. However, majority of the societies in today's world are either of agrarian nature or are struggling to even industralise. While Economically More Developed Countries (EMDCs) countries like USA, Singapore and other developed economies of Europe endorsed Globalization due to the many benefits they could reap, we have to recognise that the entire continent of Africa, the rural farmers of Asia and the poor factory workers of Eastern Europe are barely able to eck out a decent living. These Economically Less Developed Countries (ELDCs) are sacrificed from the start due to the lack of capital and expertise. As such, the viscous cycle of poverty perpetuates in these areas, despite Globalization, resulting in a phenomenon in which the rich gets richer and the poor gets poorer.

Culturally speaking, globalization has a con in that it creates a generation of global citizens who may not have a strong sense of identity to their motherland. To adapt and reap the benefits of globalization, one must be mobile and responsive. An increasing proportion of students are employees alike have been uprooted from their motherland and relocated to foreign lands for purposes of work and education. This occurance may present a threat to our family - the basic unit of society. Is there still a sense of loyalty towards the homelands of these rising number of global citizens? Are they prepared to serve their countries in times of need? These are some questions that people would have to confront now, more often than before in history, should they wish to preserve cultures and values as globalization continues.

In a nutshell, globalization spells bad news unless the world is able to practice moderation consistently. Countries with the capacity and resources should take up the responsibility of ensuring more even progression amongst all nations before some are drowned by the negative aspects of globalization.

2007-12-06 10:49:49 · answer #2 · answered by Nora T 1 · 0 1

Perspective is being lost.

In various classes in schools and the workplace things are taught about "diversity," whether that's good or not is unimportant.
What they teach you is that diversity is good because it gives new perspectives on things.

Globalization is leading us to all having one culture, economy, everything. That's bad because if it works, people will be the same everywhere (within reason) and everyone perspective on certain issues will get closer and closer.

Soon, there really won't be diversity and we'll have a dearth of perspective.

2007-12-06 07:58:15 · answer #3 · answered by Yun 7 · 0 2

Where countries have tariff protections, it makes it more difficult for other countries to enter the market. there is also the problem of countries where wages are low and there are no safety standards flooding a market with cheap goods and damaging local industries. There is a risk of traditional skills being lost as there is no demand for the local goods, but there are no alternative jobs available and the local economy can stagnate as a result.

2007-12-06 08:08:10 · answer #4 · answered by smartymarty66 2 · 0 2

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