Globalization In Australia Essay

1469 Words3 Pages

Nowadays , we are living in developing era. It is true that Its global world. Globalisation means. mostly economic event, the mixture of national economic structures, the fast increasing international economic, cultural and technological exchange (The Australian APEC Study a Centre, 2002). Globalisation has created advantages and disadvantages to develop and developing countries. Globalization helps to increases an International Trade, mainly creation of new trade treaty between the developing and developed countries. Globalization binds nations together, the letdown of one country has the possible to draw many others down (Tverberg,G., 2013). Developed as well as developing countries both can enjoy the benefits of …show more content…

Firstly, globalization has led to create the possibility of employment which decrease the poverty from developing nations such as every developing country face the problem related with jobs and unemployment and globalization provide different kind of jobs opportunity. Secondly, globalisation is also helpful for students as they can get education from various institutions worldwide and its really beneficial for not only for students but also for developing countries ,because students can use own knowledge for own countries. Next, globalization gives the options to customers to choose a variety of goods which raise the living standard of people from developing countries . Near about 50 years ago people 's of developing countries like to live in simple way, and they were use very less technological equipment, but after globalisation people of developing countries become more fissionable, using more and more things which are related with technology and make own life easy and comfortable because of globalisation. After that, globalisation has increased the competition all over the world and competition is the best way to produce good products. For example, if a company competes with another company then it tries to produce best products and sell at a cheap price to enhance own popularity …show more content…

Firstly, every countries has different culture and customs when people shift in other countries then the culture takes backseat because they adapt the culture of the dwelling place (Buzzle, 2014). It really not good for developing countries because when people migrate to another country then they have to adopt new culture and leave own old one. Secondly, globalisation raised the use of non-recycle goods which creates the pollution and global warming, because globalisation amplify the transportation and transportation increase water pollution, air pollution and sound pollution also and air pollution is a main cause of global warming which is too harmful for the environment. Thirdly, globalisation has given birth to cut-throat competition because many multi nation companies open their branches in developing countries which harm the local industries. For example small and local industries have limited production and sale, these industries have to spend large sum of money because of less technology and they can 't get good profit but multinational company 's provide best quality in reasonable prices so it is clear that multinational companies hurt the local and small companies. Finally, globalisation has increase more health issues and gives new warnings and challenges for

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