Globalization is, basically, a
process of growing trade and commerce all over the world by creating
a border less market. However, it is creating more opportunities for
capitalist countries rather than for the developing ones. Similarly, in
our modern day and age it has become a part of every country’s
structure.
Again, it is the international
exchanges of technology, economy, culture, and politics which have
increased over the past few years due to ease of communication and
transportation. There are many advantages as well as disadvantages for
globalization. With the development of hi-tech communication media and
rapid transportation facilities the world has come closer.
We can share
our joys and sorrows like next door neighbors. Globalization also brings
all types of different customs and behavior into our homes
through satellite television channels and the Internet. Now, we can
enrich our local culture through constant interaction of different
cultures
In contrary, In the name of help and co-operation
the industrially developed capitalist countries are misusing the
cheap labor available in poor countries. This is the common fear about
the adverse effects of globalization in the countries like ours. In
spite of some disadvantages it makes the world very closer and makes it a
global village.
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