Is globalisation a good thing?
There isn't a simple answer to this, there are positives and negatives. It is up to the individual to make their own mind up. One thing that is certain though is that it is definitely happening!
Positive aspects
- Increased investment in developing countries is generating jobs and more opportunities for the people of these countries to improve their standard of living.
- Global competition keeps prices reasonable and encourages innovation.
- Developing countries are having their development accelerated compared to the time it took the developed countries.
- There is a greater sense of the world as one community making it easier for governments to work together on common goals.
- There is greater access to foreign culture such as film, music, food and clothing.
- Global competition keeps prices reasonable and encourages innovation.
- Developing countries are having their development accelerated compared to the time it took the developed countries.
- There is a greater sense of the world as one community making it easier for governments to work together on common goals.
- There is greater access to foreign culture such as film, music, food and clothing.
Negative aspects
- While outsourcing provides jobs and investment in one country, it often takes these away from another country.
- Some believe that the access to foreign culture is causing the distinction between countries to fade, making the world a less interesting place.
- With greater movement, there is greater risk of diseases and invasive species being introduced to new countries.
- With greater movement and use of resources, the world's population is putting ever increasing pressure on the Earth's finite resources.
- The lack of international regulation could lead to negative impacts on the safety of people and the environment.
- Economies are now more inter-reliant than ever before, meaning that countries have become less independent.
- Some believe that the access to foreign culture is causing the distinction between countries to fade, making the world a less interesting place.
- With greater movement, there is greater risk of diseases and invasive species being introduced to new countries.
- With greater movement and use of resources, the world's population is putting ever increasing pressure on the Earth's finite resources.
- The lack of international regulation could lead to negative impacts on the safety of people and the environment.
- Economies are now more inter-reliant than ever before, meaning that countries have become less independent.