Negative Consequence Of Globalization Essay

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Yes! When compared to the ancient time when globalization is unknown to the world, I believe globalization brings more positive benefits to the world today. Our qualities of life have improved as result of globalization. It has made the world smaller as a result of advancement on technology. People from all over the world can get in-touch and inform through the development of internet. Globalization has also serves as inner strength to developing countries by improving their standard of living. I don’t think the negative aspects of globalization such as increased in inequality, environmental degradation and inflation rate can be control. This is because it’s just the nature of life and human race cannot be at the same rank. Nothing in this …show more content…

I think the perfect answer is prayer. 1. Choose and focus on one negative consequence of globalization. Explain what the issue is, and why it is problematic for the world. For economic aspect, globalization has increased the rate of unemployment in developing countries. Many poorer countries have been struggling to accept globalization as a new development to improve their standard of living. Foreign investors especially from developed countries have to take the advantages of their natural resources and lower labour credits. Majority of developing countries focuses on exporting agricultural products abroad, but today, the developed countries have subsidize this advantage with the new genetic modified foods. With this kind of arrangement, the developing countries would have to remain poor due to inequalities of trade of goods and services. Nguyen manh tuan. (2010). this negative effect of globalization has been gradually increasing a huge difference between developed and developing countries. Take for instance, the gap between incomes of 20% of developed countries and developing countries as at 1960 to 1982 was from 1 to 30 percent. As at 1982 to 2014 the difference has grown to 60%. Increase in unemployment rate and poverty will be problematic to the world, if steps are not taken to tackle it. There will be increase in crimes like terrorism, armed robbery and many

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